WJ Group Inc., a large multinational conglomerate, had begun…

WJ Group Inc., a large multinational conglomerate, had begun to experience declining revenues over the years. The top management at the headquarters of the company decided that it was important for the company to avoid deviating from its core competencies. Thus, a few of the company’s key businesses like energy, telecommunications, and automobiles were centralized, giving the top management more control over them. Also, relatively newer businesses like beverages and food processing were divested. In this scenario, WJ Group is involved in

Pioneer Pharma Inc. and GH Medicines Corp. are two competing…

Pioneer Pharma Inc. and GH Medicines Corp. are two competing firms in the pharmaceutical industry. While Pioneer Pharma Inc.’s vision is “to be a preeminent drug manufacturer in the industry,” GH Medicines Corp.’s vision is “to make good health a reality for everyone around the world.” Which of the following is an implication of these different visions?