Question 53 Bie developed a distinetive competence in designing and marketing ballpoint pens ereating the world famous BIC brand. When it noticed that cigarette lighten were a commodity product and sold by unkuown manufactures, it bought one of those companies. It moved some of its ballpoint pen marketing experts to the new unit tasking them to develop BIC beanded lighters. Which multi-business divernification strategy did Bie undertake to improve profitability? A strategy based on sharing resources across business unita OA strategy based upon leveraging competencies to create a pew busines. OA strategy based upon produet bundling. UA strategy hased on transferring competencies. A turnaround strategy

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section8.3: A Firm's External Macro Environment: Pestel
Problem 3CTQ: Explain what favorable PESTEL factors support LEGOs efforts.
icon
Related questions
Question

1

Question 53
Bie developed a distinetive competence in designing and marketing ballpoint pens ereating the world famous
BIC brand. When it noticed that cigarette lighten were a commodity product and sold by unkuown
manufactures, it bought one of those companies. It moved some of its ballpoint pen marketing experts to
the new unit tasking them to develop BIC beanded lighters. Which multi-business divernification strategy
did Bie undertake to improve profitability?
A strategy based on sharing resources across business unita
OA strategy based upon leveraging competencies to create a pew busines.
OA strategy based upon produet bundling.
UA strategy hased on transferring competencies.
A turnaround strategy
Transcribed Image Text:Question 53 Bie developed a distinetive competence in designing and marketing ballpoint pens ereating the world famous BIC brand. When it noticed that cigarette lighten were a commodity product and sold by unkuown manufactures, it bought one of those companies. It moved some of its ballpoint pen marketing experts to the new unit tasking them to develop BIC beanded lighters. Which multi-business divernification strategy did Bie undertake to improve profitability? A strategy based on sharing resources across business unita OA strategy based upon leveraging competencies to create a pew busines. OA strategy based upon produet bundling. UA strategy hased on transferring competencies. A turnaround strategy
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College