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Related linked firms share more resources and assets between their businesses than do related constrained firms

Firms that have selected a related diversification corporate-level strategy seek to exploit:

Chemical sedimentary rocks are those precipitated from a silicate melt.

Research shows that increased firm size and greater levels of diversification are correlated with increased executive compensation

In spite of the challenges associated with it, a number of corporations continue to use the unrelated diversification strategy, especially in emerging markets

An analysis of the activity map of a successful company such as Southwest Airlines emphasizes how:

Focus strategies are:

Coca-Cola and PepsiCo compete across a number of products (e.g., soft drinks, bottled water) and geographic markets (U.S. and foreign markets) indicating that the companies have market commonality

Contract manufacturers who manage their customers’ entire product lines and offer services ranging from inventory management to delivery and after-sales services are prime examples of vertical integration

In general, firms can be MOST effective if they develop business-level strategies that will serve the needs of the “typical customer” in the industry