Question

The task of crafting a company's overall corporate strategy for a diversified company encompasses all of the following EXCEPT:

1. pursuing opportunities to leverage cross-business value chain relationships and strategic fit into competitive advantage.
2. initiating actions to boost the combined performance of the corporation's collection of businesses.
3. divesting well-performing businesses.
4.establishing investment priorities and steering corporate resources into the most attractive business units.
5. picking the new industries to enter and deciding on the means of entry.

Answer 1

The task of crafting a company's overall corporate strategy for a diversified company encompasses all of the options except divesting well-performing businesses.

Step-by-step explanation:

The task of crafting a company's overall corporate strategy for a diversified company encompasses all of the following EXCEPT:

1. Pursuing opportunities to leverage cross-business value chain relationships and strategic fit into competitive advantage.
2. Initiating actions to boost the combined performance of the corporation's collection of businesses.
3. Divesting well-performing businesses.
4. Establishing investment priorities and steering corporate resources into the most attractive business units.
5. Picking the new industries to enter and deciding on the means of entry.

In this case, the correct answer is option 3, divesting well-performing businesses. Crafting a company's overall corporate strategy for a diversified company involves identifying opportunities for synergy, maximizing performance, prioritizing investments, and selecting new industries to enter.