How can firms diversify in dynamic contexts?
What will be an ideal response?
Firms seeking to diversify in dynamic contexts usually need strong resources and capabilities in the areas of
learning, knowledge transfer, and rapid responsiveness. If corporate ownership hinders nimbleness and response
time in a dynamic environment, it's more likely to be an encumbrance than an advantage. It's hard enough to
manage competitively in dynamic contexts without having to struggle under excess layers of corporate hierarchy.
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Sales revenue growth, gross margin growth, and return on investment are the key performance indicators for the ________
A) financial perspective B) customer perspective C) internal business perspective D) learning and growth perspective
Carol works for a tailor and she is being paid a fixed sum for each garment that she alters to customer specifications. Carol is receiving pay that is
a. merit-based. b. skill-based. c. piece-rate. d. gainsharing. e. ESOP.