A diversified corporation is likely to have ________
A) multiple competitive strategies
B) a single competitive strategy
C) no more than two competitive strategies
D) thousands of competitive strategies
Answer: A
Explanation: A single competitive strategy might exist for a small company that has only one line of business. A large, diversified organization will consist of multiple businesses, so it will have multiple competitive strategies, making that the correct response and ruling out the choices indicating a single or no more than two competitive strategies. It is unlikely that an organization would have thousands of different lines of business, so it would be equally unlikely to have thousands of competitive strategies, ruling out that choice.
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