Please answer the questions in 250-300 words.
1. Describe when it makes good strategic sense for a company to consider diversification.
2.What is meant by the term resources fit as it applies to evaluating a diversified company’s business lineup?
3. Fully explain the difference between a strategy of related diversification and a strategy of unrelated diversification.
4. What are the benefits and advantages of using an industry attractive-business strength (9-cell) matrix to evaluate a diversified company’s lineup of businesses?
5. Explain the difference between a cash cow business and a cash hog business. Tell how you can use financial statements to verify this.
6. Under what circumstances might a diversified firm choose to divest one of its businesses?
7. Identify and briefly describe at least four types of competitive advantages that can accrue to a multinational corporation pursuing related diversification.
8.What is the difference between ethics and business ethics?
9. What is the essence of the business case for why a company should engage in socially responsible actions and environmentally sustainable business practices?
10.Identify the five main types of actions which a company can choose from in crafting a social responsibility strategy.