Multiple Choice Question

Which of the following statements regarding single$-$business versus diversified firms is correct?

Unlike single$-$business firms, in most diversified firms strategy$-$making authority is not delegated to$-$business$-$unit managers.

Strategy$-$making tends to be more complicated in a diversified firm versus a single$-$business firm.

Diversified firms tend to be less attractive to investors than single$-$business firms.

Single$-$business firms tend to be less profitable than diversified firms.