Term
What are the following?:
Intenal New Ventures
Mergers and Acquisitions
Joint Ventures |
|
Definition
| Three Entry Methods For Diversification |
|
|
Term
| What is adding new businesses that are distinct from the organization's established operations? |
|
Definition
|
|
Term
What is the following?:
Performs two or more value chain activities.
Differentiates the products or lower costs.
Manages industry rivalry better. |
|
Definition
| How Diversification Increases Profitability |
|
|
Term
| What is the reduction of risk that is gained by diversification and profit sharing? |
|
Definition
|
|
Term
What are the following?
Transferring or leveraging competencies.
Sharing resources through Economies of Scope.
Product Bundling.
Utilizing General Organizational Competencies. |
|
Definition
| How Managers Can Create Value Through Diversification |
|
|
Term
| What is moving existing competencies to a new business owned by the same firm? |
|
Definition
| Transferring Competencies |
|
|
Term
| What is a proportionate saving gained by producing two or more distinct goods, when the cost of doing so is less than that of producing each separately? |
|
Definition
|
|
Term
| What is taking existing competencies in current businesses and using them to help new businesses? |
|
Definition
|
|
Term
| What is diversification into an industry that is related to the company's existing business activity by commonalities between value chain activities? |
|
Definition
|
|
Term
| What is diversification that has no obvious connection? |
|
Definition
| Unrelated Diversification |
|
|
Term
| What is when less than 0% of firm revenues comes from a single business, and different businesses share numerous links and common attributes? |
|
Definition
|
|
Term
| What is when less than 70% of firm revenues come from a single business, and different businesses share only a few links and common attributes? |
|
Definition
|
|
Term
| What is when less than 70% of firm revenues comes from a single business, and there are few, if any, links or common attributes among businesses? |
|
Definition
| Unrelated Diversification |
|
|
Term
| What is creating a new business to enter into an industry? |
|
Definition
|
|
Term
What are the following?
Scale of Entry
Commercialization
Poor Implementation
High Uncertainty |
|
Definition
| Why Most Internal New Ventures Fail |
|
|
Term
What are the following?:
Best Practices |
|
Definition
| How Internal New Ventures Succeed |
|
|
Term
What are the following?:
Less Risk
Faster
Allows entry to industry with higher entry barriers. |
|
Definition
| Why You Would Rather Buy Into An Industry Than An Internal New Venture |
|
|
Term
What are the following?:
Integration Problems
Overestimation of Economic Benefits
Failure to Screen |
|
Definition
|
|
Term
What are the following?:
Good Screening
Good Bidding Strategies
Good Integration Practices
Experience |
|
Definition
|
|
Term
| What means two or more organizations create a third independent organization? |
|
Definition
|
|
Term
What are the following?:
One partner's skills are more important than the other's.
Coordination difficulties. |
|
Definition
| Disadvantages of Joint Ventures |
|
|
