How can related diversification create a competitive advantage for XXX firm? XXXXXXX the advantages of related diversification in mind, think XXXX XX XXX XXXXXXX XX XXXXX’s XXXXXXXX XXXXXXXXXXX XXXXXXXX XX XXXXXXX an XXX XXXXXXXX—clearly an XXXXXXXXX diversification XXXX. What challenges XXXXX XXXXX XXXXXXXX in operating this refinery? Think XX the XXXXXXXXX XXXXXXXX you XXXX learned XXX how they can help you evaluate Delta’s decision.
Related Diversification alludes XX the process XXXXXXX a firm XXXXXXX XX XXXXXX XXXXX business XXXXXXXXXX in XXX product lines XXXX XXX XXXX their existing XXXXXXX contributions. XXXXXX up XXXX XXX XXX XXXXXXXXXX of the related XXXXXXXXXXXXXXX XXXX can XXXX a competition for the firm. XXXXX XXX XXXXXXXX XXXXXXX:
• Lower XXXX: XXXX an organization expands its XXXXXXXX product XXXXX, it brings about XXXX XXXX in XXXXXXXXX XXXXXXXXXXX and XXXXXXXXXXX in XXXXXXXXX XXXXXXX XXXXXXX. XX XXXX a case, XXX organization XXXXX XXXXX XX money XXXX can be XXXX in XXXXX significant business XXXXXXXX Rothaermel, XXXX).
• Less XXXXX: XXXX XXXX XX XXXXXXXXXXXXXXX is XXXX XXXXX in XXXXXX XX in the XXXXXXX part XX XXX XXXXX, XXXXXX XXXXXXXXXXXXX XXXX XXX XXXXXXX XXXX investments. XX XXXXXXXX, the XXXXXX XXXX protected XX they XXX XXXXXXXXXXX with XXX XXXXXX XXX opportunities in XXX center XXXXXXXX activities. XXXXXXX firm D's XXXXXXXXX XXXXXX to XXXXXXX XXX refinery was XXXXXX a XXXXXXX (Rothaermel, 2013).
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Rothaermel, F. X. (2013).Strategic XXXXXXXXXX XXXXXXXX and XXXXX (Custom package). XXX
York, XX: XXXXXX-XXXX.