At Cooper Industries, there are few similarities in the products it makes or the industries in which it completes. The corporate office adds value through such activities as superb human resource practices and budgeting systems. This is an example of using

Group of answer choices

related diversification to acquire market power by leveraging core competencies.

unrelated diversification to acquire parenting, centralizing union negotiations, restructuring, and financial synergies through corporate restructuring and parenting.

unrelated diversification to acquire financial synergies through portfolio management.

related diversification to acquire economies of scope by leveraging pooled negotiating power.