This news segment comes at a time when Alibaba was preparing to offer its stock to investors through the New York Stock Exchange. The company will raise funds through this process. This is important for the future of Alibaba's corporate$-$level strategy because:

a$.$ The company can only have business$-$level strategies once it is a member of the NYSE.

b$.$ Free cash flow is utilized to fund a diversification strategy and having additional funds could support future investments.

c$.$ The company will have to change its strategy to spend more money and become larger to support stockholders.

d$.$ Shareholders can provide unlimited funds without restrictions or input on corporate strategy.

Question Content AreaEcommerce giant Alibaba currently makes decisions in the interests of its owners. After the company goes public and is a part of the stock exchange, it will be owned by shareholders. This may alter the company's strategy because Alibaba's top managers must generate $\_\_\_\_\_\_\_\_\_$ for its shareholders.

a$.$ no return

b$.$ new products

c$.$ value

d$.$ free cash flow

Question Content AreaYahoo in the U$.$S$.$ and Softback in Japan both own stakes in Alibaba and have used their relationship with the company as their mode of entry into a foreign market. The investment these two companies have made in Alibaba can be considered a:

a$.$ joint venture.

b$.$ diversification venture.

c$.$ greenfield venture.

d$.$ new internal venture.

Question Content AreaAlibaba has an $80$ percent share of China's online retail market. Up to this point, the company has been operating within its domestic market of China. The company has diversified through multiple business units to successfully increase its:

a$.$ Product offering

b$.$ Shareholders

c$.$ Profitability

d$.$ Business portfolio