Question

Your Strategic Management text explained ways in which diversification can increase company profitability. One of these, "leveraging competencies" involves taking a distinctive competency developed by a business unit in one industry to create a new business unit in a different industry. O differentiation in various business units. O new customers in the same industry. lower costs in various business units

Answer 1

1. A new business unit in different industry

2. Chapter 9

3. A completed eliminate-reduce-raise-create grid