Across
- 3. Corporate strategy aimed at expanding the firm into new industries or product lines (7 letters)
- 7. A term used for the desire to enter a new industry simply for financial growth or market power rather than synergy. (10 letters)
- 8. entry, A strategy where firms achieve growth by entering markets that are new to them but still related to their current activities. (9 letters) (2 words)
- 9. reduction, A reason for diversification that reflects a manager's desire to reduce personal risk. (11 letters)(2 words)
Down
- 1. The act of creating value through synergies between related businesses. (7 letters)
- 2. The potential result of diversification when a firm maximizes profit by exploiting its resources across multiple businesses. (8 letters)
- 4. Diversification based on the benefits of sharing resources and capabilities. (8 letters)
- 5. A strategy where a company operates in multiple industries that are related to its existing business (10 letters)
- 6. This type of diversification involves industries that are unrelated to a firm’s current business. (10 letters)