Henson Electric is interested in diversifying into the frozen foods industry. The board of directors sees this as a risky move since the company can’t capitalize on any of its existing markets or core strengths. Which type of growth strategy is Henson Electric considering?

Ans: Unrelated diversification

Business

You might also like to view...

Which of the following best describes a capital budgeting post-audit?

A) an audit of an operating unit of a company B) an audit performed only at the end of the project's life span C) an analysis of an investment's cash flows prior to committing to the initial investment D) a comparison of actual results of capital investments with projected results

Business

Western advertising agencies still find markets such as China and Japan to be very complex, as Asian agencies find it just as difficult to establish local agency presence in western markets

Indicate whether the statement is true or false

Business