Question
Research a company that has diversified its business by either adding a new product/service or entering into a new market or line of business. Please
Research a company that has diversified its business by either adding a new product/service or entering into a new market or line of business.
Please use Apple, thank you.
Step 1:Assess long-term attractiveness of each industry in which the firm has a business
Step 2:Assess competitive strength of each of the firm's business units
Step 3:Evaluate competitive advantage potential of cross-businessstrategic fits among the various business units
Step 4:Check whether firm's resources fit requirements of its presentbusinesses
Step 5:Rank performance prospects of businesses and determinepriority for resource allocation
Step 6:Craft new strategic moves to improve overall companyperformance
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