Related Linked Diversification occurs when corporate and operational relatedness are both high

An unrelated diversification strategy can create value through two types of financial economies: (1) efficient internal capital allocations and (2) purchasing other firms, restructuring their assets, and selling them

The focused differentiation strategy differs from the differentiation strategy in that:

A firm can predict that a competitor whose products suffer from poor quality is likely to be less aggressive in its competitive actions until those quality problems are corrected

A flexible manufacturing system is:

Firms using a related diversification strategy may gain market power when successfully using their related constrained or related linked strategy

A firm successfully implementing a differentiation strategy would expect:

A company using a narrow target market in its business strategy is:

Successful unrelated diversification through restructuring is typically accomplished by:

Boeing’s decision to commit the resources required to build the super-efficient 787 midsized jetliner is an example of a tactical action