QUESTION 7 In diversification strategies, management has the least knowledge of products and markets and may have limited knowledge of the financial resources needed to be successful True False QUESTIONS was developed To aid in the planning for a multi-line of business organizations, the concept of a (an) strategic growth unit strategic business unit strategic control unit strategic logic unit QUESTION 9 Effective supply chain management may result in a competitive advantage for an organization True False QUESTION 4 A cash cow in described as: An SBU with a high relative market share compared to other competitors in the market, but in an industry with a low annual growth rate An SBU with a low relative market share but in an industry with a high annual growth rate An SBU with a high relative market share and in an industry with expected high growth rates None of the above is a definition of a cash cow QUESTIONS In the BCG matrix, which of the following is not a classification of an SBU? cash cows stars problem Children stray cats QUESTIONS Introducing new products to new markets is referred to as a diversification strategy True False