题目内容
（请给出正确答案）
A. Operational efficiency; leverage.
B. Margin stability, availability of collateral.
C. Leverage; scale and diversification.
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A、The company has to achieve coordination between business units.
B、The company has narrow organizational competencies.
C、The company has superior strategic management and organizational design.
D、The company has no bureaucratic costs that arise from the number of businesses in its portfolio.
E、The company has no difficulty in keeping its corporate managers informed about the complexitities of each business.
A、core skills are applicable to a wide variety of industrial and commercial situations.
B、core skills are highly specialized and have few applications outside the core business.
C、top managers are skilled at acquiring and turning around poorly run enterprises.
D、main objective is to maximize its growth.
E、free cash flow is high enough that it has funds available for investment.
A、its core skills are highly specialized and have few applications outside its core business.
B、the company's top managers are skilled at acquiring and turning around poorly run enterprises.
C、its core technological skills are applicable to a wide variety of industrial and commercial situations.
D、it wants to maximize growth.
E、the bureaucratic costs of implementation do not exceed the value that can be created by realizing economies of scope.
A、seek to achieve differentiation instead of low cost.
B、diversify into areas in which they have some knowledge and miss out on profitable opportunities in other areas.
C、make acquisitions rather than develop new technologies on their own.
D、incur bureaucratic costs that exceed the value created by the strategy.
E、seek to achieve a low-cost position instead of differentiation.
A、realizing economies of scope.
B、rescuing core business.
C、transferring competencies.
D、acquisitions and restructuring.
E、leveraging existing competencies.
A、A vertically integrated company with five divisions that pursues full integration
B、A company with five divisions that pursues related diversification based on economies of scope
C、A company with five divisions that pursues related diversification based on transferring competencies
D、A company with five divisions that pursues unrelated diversification based on acquisitions and restructuring
E、A company with twenty divisions that pursues taper integration
A、easier
B、more difficult
C、less important
D、less expensive
E、more meaningless
A、Steady industry conditions
B、Varying firm-specific conditions
C、Diversification for pooling risks
D、Decreasing bureaucratic costs
E、Greater differentiation of products
A、acquisitions, joint ventures, and divestments.
B、acquisitions, mergers, and buy outs.
C、acquisitions, internal new ventures, and joint ventures.
D、related acquisitions, unrelated acquisitions, and mergers.
E、joint ventures, strategic alliances, and long-term contracts.
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