You are on page 1of 154

<div style="height: 0; overflow: hidden">

<script>(function() {
var _fbq = window._fbq || (window._fbq = []);
if (!_fbq.loaded) {
var fbds = document.createElement('script');
fbds.async = true;
fbds.src = '//connect.facebook.net/en_US/fbds.js';
var s = document.getElementsByTagName('script')[0];
s.parentNode.insertBefore(fbds, s);
_fbq.loaded = true;
}
_fbq.push(['addPixelId', '287045611447707']);
})();
window._fbq = window._fbq || [];
window._fbq.push(['track', 'PixelInitialized', {}]);
</script>
<noscript><img height="1" width="1" alt="" style="display:none"
src="https://www.facebook.com/tr?
id=287045611447707&amp;ev=PixelInitialized" /></noscript>
</div><script type="text/javascript">
(function(f) {
Scribd.Ads = { addUnit: f, addBetweenPageUnit: f, addRefreshUnit: f, load: f,
deferred: function() { return $.Deferred()} }
})(function(){});
</script>
<script type="text/javascript">
var I18n = I18n || {};
I18n.defaultLocale = "en_US";
I18n.locale = "en_US";
</script>
<script type="text/javascript">

window['$rat'] =
ratInit(["https://rs1.scribd.com/","https://rs2.scribd.com/","https://rs3.scribd.com/","h
ttps://rs4.scribd.com/","https://rs5.scribd.com/","https://rs6.scribd.com/","https://rs7.
scribd.com/","https://rs8.scribd.com/"], {"user_id":null,"doc_id":82909654}, false);
</script><script type="text/javascript">Scribd.tracker = new
Scribd.Tracker(document, {"test":false});</script><div class="global_header
autogen_class_widgets_base" id="global_header" datatrack_category="header"><div class="header_upper"><a
href="https://www.scribd.com/" title="Scribd" data-track="logo"
class="header_logo"><div class="scribd_white_logo"></div></a><div
class="search_input_container"><div
class="autogen_class_views_chrome_search_input_container
autogen_class_widgets_base" id="autogen_id_104269323" datatrack_category="search_input_container"><span id="autogen_id_104274816"
class="react_mount_node"><div
class="autogen_class_views_shared_react_search_input" data-reactid=".5"><div
class="search_input_container " data-reactid=".5.0"><form class="search_form"
autocomplete="off" data-reactid=".5.0.0"><span class="icon-search search_icon"
data-reactid=".5.0.0.0"></span><input class="search_input" autocomplete="off"
name="query" value="" placeholder="Search" data-reactid=".5.0.0.1"
type="text"></form></div></div></span></div></div><div
class="reading_cover placeholder"></div><div class="recently_read_panel
placeholder"></div><div class="right_tools"><a
href="https://www.scribd.com/upload-document" class="icon_btn upload_btn" datatrack="upload"><span class="icon icon-globalnav_upload"></span><span
class="icon_btn_text">Upload</span></a><span class="user_sign_in"><a
href="https://www.scribd.com/login" class="flat_btn sign_in_btn outline_btn negate
slim">Sign in</a><a href="https://www.scribd.com/login" class="flat_btn join_btn
outline_btn negate slim">Join</a></span></div></div><div
class="header_lower"><a href="https://www.scribd.com/books" class="browse_btn
books" data-track="browse:books" data-content_type="books">Books<span
class="icon-down_arrow"></span></a><a
href="https://www.scribd.com/audiobooks" class="browse_btn audiobooks" datatrack="browse:audiobooks" data-content_type="audiobooks">Audiobooks<span
class="icon-down_arrow"></span></a><a href="https://www.scribd.com/comics"
class="browse_btn comics" data-track="browse:comics" datacontent_type="comics">Comics<span class="icon-down_arrow"></span></a><a
href="https://www.scribd.com/sheetmusic" class="browse_btn sheet_music" datatrack="browse:sheet_music" data-content_type="sheet_music">Sheet Music<span
class="icon-down_arrow"></span></a><div class="browse_menu
autogen_class_widgets_base format_books" id="autogen_id_869232057"><div
class="browse_menu_content"><div class="tile_column"><a
href="https://www.scribd.com/books/editors-picks" class="tile_link" datatrack="browse_scribd_selects" datahref_books="https://www.scribd.com/books/editors-picks" datahref_audiobooks="https://www.scribd.com/audiobooks/editors-picks" data-

href_comics="https://www.scribd.com/comics/editors-picks" datahref_sheet_music="https://www.scribd.com/sheetmusic/editors-picks"><div
class="tile scribd_selects_tile"><div class="tile_background"></div><div
class="tile_overlay"></div><div class="centered"><div
class="books_name"><div class="tile_title">Editors' Picks Books</div><div
class="subtitle">Hand-picked favorites from<br> our editors</div></div><div
class="audiobooks_name scribd_selects"><div class="tile_title">Editors' Picks
Audiobooks</div><div class="subtitle">Hand-picked favorites from<br> our
editors</div></div><div class="comics_name"><div class="tile_title">Editors'
Picks Comics</div><div class="subtitle">Hand-picked favorites from<br> our
editors</div></div><div class="sheet_music_name scribd_selects"><div
class="tile_title">Editors' Picks Sheet Music</div><div class="subtitle">Handpicked favorites from<br> our editors</div></div></div></div></a><a
href="https://www.scribd.com/books/top" class="tile_link" datatrack="browse_top_books" data-href_books="https://www.scribd.com/books/top"
data-href_audiobooks="https://www.scribd.com/audiobooks/top" datahref_comics="https://www.scribd.com/comics/top" datahref_sheet_music="https://www.scribd.com/sheetmusic/top"><div class="tile
top_books_tile"><div class="tile_background"></div><div
class="tile_overlay"></div><div class="centered"><div
class="books_name"><div class="tile_title">Top Books</div><div
class="subtitle">What's trending, bestsellers,<br> award-winners &amp;
more</div></div><div class="audiobooks_name"><div class="tile_title">Top
Audiobooks</div><div class="subtitle">What's trending, bestsellers,<br> awardwinners &amp; more</div></div><div class="comics_name"><div
class="tile_title">Top Comics</div><div class="subtitle">What's trending,
bestsellers,<br> award-winners &amp; more</div></div><div
class="sheet_music_name"><div class="tile_title">Top Sheet Music</div><div
class="subtitle">What's trending, bestsellers,<br> award-winners &amp;
more</div></div></div></div></a></div><div class="browse_group
group_format_document"><h3>Categories</h3><div class="browse_group_col
group_col_0"><div class="category_row"><a
href="https://www.scribd.com/books/Arts-Ideas" data-track="browse_category_ArtsIdeas_document">Arts &amp; Ideas</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Biography-Autobiography" datatrack="browse_category_Biography-Autobiography_document">Biography &amp;
Memoir</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Business-Leadership" datatrack="browse_category_Business-Leadership_document">Business &amp;
Leadership</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Children-s" datatrack="browse_category_Children-s_document">Children's</a></div><div
class="category_row"><a href="https://www.scribd.com/books/ComputersTechnology" data-track="browse_category_ComputersTechnology_document">Computers &amp; Technology</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Cooking-Food" datatrack="browse_category_Cooking-Food_document">Cooking &amp;

Food</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Crafts-Hobbies" datatrack="browse_category_Crafts-Hobbies_document">Crafts &amp;
Hobbies</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Fantasy" datatrack="browse_category_Fantasy_document">Fantasy</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Fiction-Literature"
data-track="browse_category_Fiction-Literature_document">Fiction &amp;
Literature</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Happiness-Self-Help" datatrack="browse_category_Happiness-Self-Help_document">Happiness &amp; SelfHelp</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Health-Wellness" datatrack="browse_category_Health-Wellness_document">Health &amp;
Wellness</a></div></div><div class="browse_group_col group_col_1"><div
class="category_row"><a href="https://www.scribd.com/books/History" datatrack="browse_category_History_document">History</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Home-Garden"
data-track="browse_category_Home-Garden_document">Home &amp;
Garden</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Humor" datatrack="browse_category_Humor_document">Humor</a></div><div
class="category_row"><a href="https://www.scribd.com/books/LGBT" datatrack="browse_category_LGBT_document">LGBT</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Mystery-ThrillerCrime" data-track="browse_category_Mystery-Thriller-Crime_document">Mystery,
Thriller &amp; Crime</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Politics-Economy" datatrack="browse_category_Politics-Economy_document">Politics &amp;
Economy</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Reference" datatrack="browse_category_Reference_document">Reference</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Religion" datatrack="browse_category_Religion_document">Religion</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Romance" datatrack="browse_category_Romance_document">Romance</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Science-Nature"
data-track="browse_category_Science-Nature_document">Science &amp;
Nature</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Science-Fiction" datatrack="browse_category_Science-Fiction_document">Science
Fiction</a></div></div><div class="browse_group_col group_col_2"><div
class="category_row"><a href="https://www.scribd.com/books/Society-Culture"
data-track="browse_category_Society-Culture_document">Society &amp;
Culture</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Sports-Adventure" datatrack="browse_category_Sports-Adventure_document">Sports &amp;

Adventure</a></div><div class="category_row"><a
href="https://www.scribd.com/books/Travel" datatrack="browse_category_Travel_document">Travel</a></div><div
class="category_row"><a href="https://www.scribd.com/books/Young-Adult" datatrack="browse_category_Young-Adult_document">Young
Adult</a></div></div></div><div class="browse_group
group_format_audio"><h3>Categories</h3><div class="browse_group_col
group_col_0"><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Arts-Ideas" datatrack="browse_category_Arts-Ideas_audio">Arts &amp; Ideas</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/BiographyAutobiography" data-track="browse_category_BiographyAutobiography_audio">Biography &amp; Memoir</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/BusinessLeadership" data-track="browse_category_Business-Leadership_audio">Business
&amp; Leadership</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Children-s" datatrack="browse_category_Children-s_audio">Children's</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/ComputersTechnology" data-track="browse_category_ComputersTechnology_audio">Computers &amp; Technology</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/Cooking-Food"
data-track="browse_category_Cooking-Food_audio">Cooking &amp;
Food</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Fantasy" datatrack="browse_category_Fantasy_audio">Fantasy</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/FictionLiterature" data-track="browse_category_Fiction-Literature_audio">Fiction &amp;
Literature</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Happiness-Self-Help" datatrack="browse_category_Happiness-Self-Help_audio">Happiness &amp; SelfHelp</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Health-Wellness" datatrack="browse_category_Health-Wellness_audio">Health &amp;
Wellness</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/History" datatrack="browse_category_History_audio">History</a></div></div><div
class="browse_group_col group_col_1"><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Home-Garden" datatrack="browse_category_Home-Garden_audio">Home &amp;
Garden</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Humor" datatrack="browse_category_Humor_audio">Humor</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/LGBT" datatrack="browse_category_LGBT_audio">LGBT</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/MysteryThriller-Crime" data-track="browse_category_Mystery-Thriller-

Crime_audio">Mystery, Thriller &amp; Crime</a></div><div


class="category_row"><a href="https://www.scribd.com/audiobooks/PoliticsEconomy" data-track="browse_category_Politics-Economy_audio">Politics &amp;
Economy</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Reference" datatrack="browse_category_Reference_audio">Reference</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/Religion" datatrack="browse_category_Religion_audio">Religion</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/Romance"
data-track="browse_category_Romance_audio">Romance</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/ScienceNature" data-track="browse_category_Science-Nature_audio">Science &amp;
Nature</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Science-Fiction" datatrack="browse_category_Science-Fiction_audio">Science Fiction</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/SocietyCulture" data-track="browse_category_Society-Culture_audio">Society &amp;
Culture</a></div></div><div class="browse_group_col group_col_2"><div
class="category_row"><a href="https://www.scribd.com/audiobooks/SportsAdventure" data-track="browse_category_Sports-Adventure_audio">Sports &amp;
Adventure</a></div><div class="category_row"><a
href="https://www.scribd.com/audiobooks/Travel" datatrack="browse_category_Travel_audio">Travel</a></div><div
class="category_row"><a href="https://www.scribd.com/audiobooks/Young-Adult"
data-track="browse_category_Young-Adult_audio">Young
Adult</a></div></div></div><div class="browse_group
group_format_comics"><div
class="browse_group_col"><h3>Categories</h3><div class="category_row"><a
href="https://www.scribd.com/comics/Adaptations" datatrack="browse_category_Adaptations_comic">Adaptations</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Children-s" datatrack="browse_category_Children-s_comic">Childrens</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Crime-Mystery"
data-track="browse_category_Crime-Mystery_comic">Crime &amp;
Mystery</a></div><div class="category_row"><a
href="https://www.scribd.com/comics/Fiction" datatrack="browse_category_Fiction_comic">Fiction</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Humor" datatrack="browse_category_Humor_comic">Humor</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Manga" datatrack="browse_category_Manga_comic">Manga</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Nonfiction" datatrack="browse_category_Nonfiction_comic">Nonfiction</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Romance" datatrack="browse_category_Romance_comic">Romance</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/SciFi-FantasyHorror" data-track="browse_category_SciFi-Fantasy-Horror_comic">SciFi, Fantasy

&amp; Horror</a></div><div class="category_row"><a


href="https://www.scribd.com/comics/Superheroes" datatrack="browse_category_Superheroes_comic">Superheroes</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Young-Adult" datatrack="browse_category_Young-Adult_comic">Young Adult</a></div></div><div
class="browse_group_col"><h3>Publishers</h3><div class="category_row"><a
href="https://www.scribd.com/comics/Arcana" datatrack="browse_category_Arcana_comic">Arcana</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Archie-Comics"
data-track="browse_category_Archie-Comics_comic">Archie
Comics</a></div><div class="category_row"><a
href="https://www.scribd.com/comics/BOOM-Studios" datatrack="browse_category_BOOM-Studios_comic">BOOM! Studios</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Dynamite" datatrack="browse_category_Dynamite_comic">Dynamite</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/IDW-Publishing"
data-track="browse_category_IDW-Publishing_comic">IDW
Publishing</a></div><div class="category_row"><a
href="https://www.scribd.com/comics/Kingstone-Comics" datatrack="browse_category_Kingstone-Comics_comic">Kingstone
Comics</a></div><div class="category_row"><a
href="https://www.scribd.com/comics/Marvel-Comics" datatrack="browse_category_Marvel-Comics_comic">Marvel Comics</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Space-GoatProductions" data-track="browse_category_Space-Goat-Productions_comic">Space
Goat Productions</a></div><div class="category_row"><a
href="https://www.scribd.com/comics/Top-Cow-Comics" datatrack="browse_category_Top-Cow-Comics_comic">Top Cow Comics</a></div><div
class="category_row"><a href="https://www.scribd.com/comics/Top-ShelfProductions" data-track="browse_category_Top-Shelf-Productions_comic">Top Shelf
Productions</a></div><div class="category_row"><a
href="https://www.scribd.com/comics/Valiant-Comics" datatrack="browse_category_Valiant-Comics_comic">Valiant
Comics</a></div></div><div class="browse_group_col"><h3>&nbsp;</h3><div
class="category_row"><a href="https://www.scribd.com/comics/Zenescope" datatrack="browse_category_Zenescope_comic">Zenescope</a></div></div></div>
<div class="browse_group group_format_sheet_music"><div class="difficulty
browse_group_col"><h3>Difficulty</h3><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Beginner-Level" datatrack="browse_category_Beginner-Level_sheet_music">Beginner</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/IntermediateLevel" data-track="browse_category_IntermediateLevel_sheet_music">Intermediate</a></div><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Advanced-Level" datatrack="browse_category_Advanced-Level_sheet_music">Advanced</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Mixed-Level"
data-track="browse_category_Mixed-

Level_sheet_music">Mixed</a></div></div><div class="instrument
browse_group_col"><h3>Instrument</h3><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Brass" datatrack="browse_category_Brass_sheet_music">Brass</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/DrumsPercussion" data-track="browse_category_Drums-Percussion_sheet_music">Drums
&amp; Percussion</a></div><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Guitar-Bass-and-Fretted" datatrack="browse_category_Guitar-Bass-and-Fretted_sheet_music">Guitar, Bass, and
Fretted</a></div><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Piano" datatrack="browse_category_Piano_sheet_music">Piano</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Strings" datatrack="browse_category_Strings_sheet_music">Strings</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Vocal" datatrack="browse_category_Vocal_sheet_music">Vocal</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Woodwinds"
datatrack="browse_category_Woodwinds_sheet_music">Woodwinds</a></div></div>
<div class="genre browse_group_col"><h3>Genre</h3><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Classical"
data-track="browse_category_Classical_sheet_music">Classical</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Country" datatrack="browse_category_Country_sheet_music">Country</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Folk" datatrack="browse_category_Folk_sheet_music">Folk</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/Jazz-Blues"
data-track="browse_category_Jazz-Blues_sheet_music">Jazz &amp;
Blues</a></div><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Movies-Musicals" datatrack="browse_category_Movies-Musicals_sheet_music">Movies &amp;
Musicals</a></div><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Pop-Rock" datatrack="browse_category_Pop-Rock_sheet_music">Pop &amp; Rock</a></div><div
class="category_row"><a href="https://www.scribd.com/sheetmusic/ReligiousHoliday" data-track="browse_category_Religious-Holiday_sheet_music">Religious
&amp; Holiday</a></div><div class="category_row"><a
href="https://www.scribd.com/sheetmusic/Standards" datatrack="browse_category_Standards_sheet_music">Standards</a></div></div></d
iv></div></div></div></div><div class="global_wrapper"><div
class="autogen_class_views_pdfs_show autogen_class_widgets_base
has_toolbar_nag" id="autogen_id_104259219" data-track_category="pdfs"><div
class="autogen_class_views_shared_my_library_reading_states
autogen_class_widgets_base" id="autogen_id_104256821"><div
class="bookmark_data" data-document_id="82909654"></div><script
id="tpl_currently_reading_flash" type="template">Weve added this book to your
library so you can find it again.<a href="#"

class="remove_bookmark">Undo</a></script><script
id="tpl_finished_reading_flash" type="template">Chap 008 has been marked as
finished.</script></div><div class="document_columns_wrapper"><div
class="document_column"><div class="toolbar_drop"><div
class="autogen_class_views_pdfs_toolbar" data-reactid=".4"><div
class="left_tools" data-reactid=".4.0"><div class="search_wrapper" datareactid=".4.0.2"><form class="doc_search" action="/search-4gen?
allowed_pages=1%2C2%2C3&amp;auth_token=JhO8I2013C%2FLJc8uI1HdOXvZTBA
%3D&amp;authenticity_token=IrGtzmazJ0NROzRO7rCjMPj1FKoI2BbzOwxUtYE
%2FBd0%3D&amp;expires=1466214414&amp;wordDocumentId=82909654&amp;
wordUploadId=86028688" data-reactid=".4.0.2.0"><label datareactid=".4.0.2.0.0"><div class="search_icon icon-search" datareactid=".4.0.2.0.0.0"></div><input placeholder="Search document"
class="search_input" value="" data-reactid=".4.0.2.0.0.1"
type="text"></label></form></div></div><div class="right_tools" datareactid=".4.1"><div data-tooltip="Download" class="toolbar_btn icon-download"
data-reactid=".4.1.0"></div><div data-tooltip="Print" class="toolbar_btn iconprint" data-reactid=".4.1.1"></div><div data-tooltip="Fullscreen"
class="toolbar_btn icon-ic_fullscreen" data-reactid=".4.1.2"></div></div><div
class="center_tools" data-reactid=".4.2"><div class="toolbar_pager" datareactid=".4.2.0"><input class="page_input" value="1" data-reactid=".4.2.0.0"
type="text"><span class="total_pages" data-reactid=".4.2.0.1">of
36</span></div><div data-tooltip="Zoom in" class="toolbar_btn zoom_btn iconzoom-in-default" data-reactid=".4.2.1"></div><div data-tooltip="Zoom out"
class="toolbar_btn zoom_btn icon-zoom-out-default" datareactid=".4.2.2"></div></div></div></div><div class="trial_upsell"><span
class="unimportant_copy">Welcome to Scribd! </span>Start your free trial and
access books, documents and more.<a class="flat_btn slim trial_learn_more_btn"
href="https://www.scribd.com/">Find out more</a></div><div
class="document_scroller carousel_scroll_parent"><div
class="document_container"><script
type="text/javascript">DocumentManager.scrollParent = $(".document_scroller")
[0]</script><style></style>
<script type="text/javascript">
var defaultViewWidth = defaultViewWidth || 847.0;

var docManager = new DocumentManager("scroll", "web_pro" == "mobile"); // Our


global manager for this view page
window.docManager = docManager;
docManager.setEmbeddedDoc('False');
docManager.fontAggregatorHosts = ["https://html1-f.scribdassets.com",
"https://html2-f.scribdassets.com"];

docManager.assetPrefix = "4ogdemram81f7w5s";
docManager.addFont(1, "", "ff1", "Verdana, Verdana, Geneva, sans-serif", "normal",
"normal");
docManager.addFont(0, "b", "ff0", "Times New Roman, Times, serif", "bold",
"normal");
docManager.addFont(3, "", "ff3", "Times New Roman, Times, serif", "normal",
"normal");
docManager.addFont(2, "b", "ff2", "Verdana, Verdana, Geneva, sans-serif", "bold",
"normal");
docManager.addFont(5, "i", "ff5", "Times New Roman, Times, serif", "normal",
"italic");
docManager.addFont(4, "b", "ff4", "Verdana, Verdana, Geneva, sans-serif", "bold",
"normal");
docManager.addFont(7, "", "ff7", "Times New Roman, Times, serif", "normal",
"normal");
docManager.addFont(6, "", "ff6", "Arial, Arial, Helvetica, sans-serif", "normal",
"normal");
docManager.addFont(8, "", "ff8", "Verdana, Verdana, Geneva, sans-serif", "normal",
"normal");
docManager.displayType = "vector";
var allowedPagesTemp = [1,2,3];
docManager.setupPaidDocument(allowedPagesTemp, 36);
docManager.initStyles();
docManager.setPageWidths(defaultViewWidth);
docManager.setImageDomainSubstitution(/http:\/\/html.scribd.com/,
["https://html1-f.scribdassets.com", "https://html2-f.scribdassets.com"]);
</script>
<link rel="stylesheet" type="text/css" href="https://html2f.scribdassets.com/static/4gen.css?1452292598">
<!--[if IE]>
<link rel='stylesheet' type='text/css' href='https://html2f.scribdassets.com/static/4gen_ie.css?1452292598' />
<![endif]-->
<!--[if !IE]><!-->

<link rel="stylesheet" type="text/css" href="https://html1f.scribdassets.com/static/4gen_non_ie.css?1452292598">


<!--<![endif]-->

<script type="text/javascript">
docManager.setupTestElements();
</script>

<div class="outer_page_container">

<div class="outer_page only_ie6_border not_visible" id="outer_page_1"


style="width: 1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

<div class="newpage" id="page1" style="width: 902px; height: 1167px;


transform: scale(1.10865); transform-origin: left top 0px; display: none;">
<div class="text_layer" style="z-index:2"><div class="ie_fix">
&nbsp;
<div class="ff8" style="font-size:300px">
<span class="a" style="left:266px;top:317px">Chapter 8</span></div>

<div class="ff2" style="font-size:180px">


<span class="a" style="left:796px;top:804px;color:#5e0a0c">Diversification:
Strategies for</span><span class="a" style="left:796px;top:1019px;word-spacing:1px;color:#5e0a0c">Managing a Group of Businesses</span></div>
<div class="ff4" style="font-size:129px">
<span class="a" style="left:266px;top:1401px;word-spacing:7px;letter-spacing:5px;color:#264099">Multiple Choice Questions</span></div>
<div class="ff1" style="font-size:116px">
<span class="a" style="left:266px;top:1655px;word-spacing:-2px;letter-spacing:4px;color:#f79533">The Four Facets of Crafti<span class="w6"></span>ng
Corporate Strategy&nbsp;</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:406px;top:2022px;word-spacing:-3px;letterspacing:1px">1.<span class="w" style="width:62px"></span>The tas<span
class="l6">k of crafti<span class="l6">ng corp<span class="l6">orate st<span
class="l7">rategy fo<span class="l8">r a diversi<span class="l6">fied com<span
class="l6">pany en<span class="l6">compa<span
class="l6">sses</span></span></span></span></span></span></span></spa
n></span></span><span class="a" style="left:531px;top:2116px;word-spacing:3px;letter-spacing:1px">A)<span class="w"
style="width:50px"></span>pick<span class="l6">ing the ne<span class="l6">w
indus<span class="l7">tries to en<span class="l7">ter and dec<span
class="l6">idin<span class="l6">g on the mean<span class="l6">s of entry<span
class="l6">.</span></span></span></span></span></span></span></span><
/span><span class="a" style="left:531px;top:2209px;word-spacing:2px">B)<span
class="w" style="width:57px"></span>initiating <span class="l6">actions to
<span class="l7">boost the <span class="l7">combined performanc<span
class="l6">e of the <span class="l6">businesses t<span class="l6">he firm has
<span
class="l7">entered.</span></span></span></span></span></span></span></
span><span class="a" style="left:531px;top:2302px;word-spacing:2px">C)<span
class="w" style="width:57px"></span>pursuing op<span class="l6">portunities
<span class="l6">to leverage <span class="l6">cross-business <span
class="l7">value chain <span class="l6">relationships <span class="l6">and
strategic <span class="l7">fits into <span
class="l7">competitive</span></span></span></span></span></span></span
></span></span><span class="a"
style="left:669px;top:2395px">advantage.</span><span class="a"
style="left:531px;top:2489px;word-spacing:2px">D)<span class="w"
style="width:52px"></span>establishing <span class="l7">investment prio<span
class="l6">rities and <span class="l6">steering corpo<span class="l6">rate
resources i<span class="l6">nto the <span class="l6">most attractive <span

class="l7">business un<span
class="l6">its.</span></span></span></span></span></span></span></span
></span><span class="a" style="left:531px;top:2581px;word-spacing:-6px;letterspacing:5px">E<span class="l6">)<span class="w"
style="width:57px"></span>A<span class="l6">ll <span class="l10">of <span
class="l8">t<span class="l6">he<span class="l10">s<span
class="l6">e.</span></span></span></span></span></span></span></span>
</div>
<div class="ff0" style="font-size:57px">
<span class="a" style="left:531px;top:2769px;word-spacing:1px;letter-spacing:1px">Answer: E</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:959px;top:2768px;word-spacing:12px">Page: <span
class="l" style="margin-left:-13px">239 <span class="l" style="margin-left:13px">- <span class="l12">240 <span class="w"
style="width:28px"></span>Learning <span class="l" style="margin-left:15px">Objective: <span class="l" style="margin-left:-15px">1 <span class="w"
style="width:29px"></span>Difficulty: <span class="l" style="margin-left:15px">Easy <span class="w" style="width:27px"></span>Taxonomy: <span
class="l" style="margin-left:-15px">Comprehension <span class="w"
style="width:25px"></span>AACSB:</span></span></span></span></span></s
pan></span></span><span class="a" style="left:531px;top:2861px;wordspacing:-3px">Value Creation</span><span class="a"
style="left:406px;top:3056px;word-spacing:-1px;letter-spacing:2px">2.<span
class="w" style="width:60px"></span>Whi<span class="l7">ch <span
class="l6">one <span class="l8">of t<span class="l7">he <span
class="l6">fol<span class="l7">low<span class="l7">ing <span
class="l8">is</span></span></span></span></span></span></span></span>
</span></div>
<div class="ff5" style="font-size:58px">
<span class="a" style="left:1522px;top:3056px">not&nbsp;</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:1646px;top:3056px;word-spacing:-2px">one of the
elements of <span class="w6"></span>crafting corporate strategy for a diversified
company?</span><span class="a" style="left:531px;top:3150px;word-spacing:3px;letter-spacing:1px">A)<span class="w"
style="width:50px"></span>Pick<span class="l6">ing new in<span
class="l6">dust<span class="l6">ries to ent<span class="l7">er and deci<span
class="l6">ding o<span class="l6">n the means o<span class="l6">f
entry</span></span></span></span></span></span></span></span><span
class="a" style="left:531px;top:3242px;word-spacing:-4px;letterspacing:1px">B)<span class="w" style="width:55px"></span>Choo<span

class="l6">sing the app<span class="l7">ropri<span class="l6">ate valu<span


class="l6">e chain for each bu<span class="l6">sines<span class="l6">s the
compan<span class="l6">y has enter<span
class="l6">ed</span></span></span></span></span></span></span></span
></span><span class="a" style="left:531px;top:3336px;wordspacing:2px">C)<span class="w" style="width:57px"></span>Pursuing op<span
class="l6">portunities <span class="l6">to leverage <span class="l6">crossbusiness v<span class="l7">alue chain re<span class="l6">lationships <span
class="l6">and strategic <span class="l6">fits into <span
class="l7">competitive</span></span></span></span></span></span></span
></span></span><span class="a"
style="left:669px;top:3429px">advantage</span><span class="a"
style="left:531px;top:3522px;word-spacing:2px">D)<span class="w"
style="width:52px"></span>Establishing <span class="l7">investment pr<span
class="l6">iorities and <span class="l7">steering corpo<span class="l6">rate
resources in<span class="l7">to the most <span class="l7">attractive bus<span
class="l6">iness unit<span
class="l6">s</span></span></span></span></span></span></span></span>
</span><span class="a" style="left:531px;top:3615px;word-spacing:-4px;letterspacing:1px">E)<span class="w" style="width:59px"></span>Init<span
class="l6">iatin<span class="l6">g action<span class="l7">s to boost the
comb<span class="l8">ined perf<span class="l6">orman<span class="l6">ce of
the busin<span class="l6">esses th<span class="l6">e firm has enter<span
class="l6">ed</span></span></span></span></span></span></span></span
></span></span></div>
<div class="ff0" style="font-size:57px">
<span class="a" style="left:531px;top:3803px;word-spacing:1px;letter-spacing:1px">Answer: B</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:959px;top:3802px;word-spacing:10px">Page: <span
class="l11">239 <span class="l11">- <span class="l10">240 <span class="w"
style="width:30px"></span>Learning <span class="l" style="margin-left:13px">Objective: <span class="l" style="margin-left:-13px">1 <span class="w"
style="width:31px"></span>Difficulty: <span class="l" style="margin-left:13px">Medium <span class="w" style="width:29px"></span>Taxonomy: <span
class="l" style="margin-left:13px">Comprehension</span></span></span></span></span></span></span
></span><span class="a" style="left:531px;top:3895px;word-spacing:2px">AACSB: Value Creation</span></div>
<div class="ff1" style="font-size:116px">
<span class="a" style="left:266px;top:4184px;word-spacing:-3px;letter-spacing:4px;color:#f79533">Wh<span class="l6">en to <span
class="w6"></span>Diversify&nbsp;</span></span></div>

<div class="ff3" style="font-size:74px">


<span class="a" style="left:406px;top:4551px;word-spacing:-5px;letterspacing:1px">3.<span class="w" style="width:62px"></span>Dive<span
class="l6">rsifi<span class="l6">catio<span class="l6">n merits stro<span
class="l6">ng consid<span class="l7">erati<span class="l6">on whenev<span
class="l7">er a <span class="w6"></span>sing<span class="l6">le-bu<span
class="l6">sine<span class="l6">ss
company</span></span></span></span></span></span></span></span></sp
an></span></span><span class="a" style="left:531px;top:4645px;word-spacing:2px;letter-spacing:1px">A)<span class="w" style="width:50px"></span>has
in<span class="l6">tegra<span class="l6">ted bac<span class="l6">kward
a<span class="l6">nd forw<span class="l7">ard as fa<span class="l6">r as it
can<span
class="l6">.</span></span></span></span></span></span></span></span><
span class="a" style="left:531px;top:4738px;word-spacing:2px">B)<span
class="w" style="width:57px"></span>is faced w<span class="l6">ith
diminish<span class="l6">ing market <span class="l6">opportunities <span
class="l7">and stagnating <span class="l8">sales in i<span class="l6">ts
principal <span
class="l7">business.</span></span></span></span></span></span></span><
/span><span class="a" style="left:531px;top:4831px;word-spacing:-3px;letterspacing:1px">C)<span class="w" style="width:55px"></span>has ach<span
class="l6">ieved in<span class="l7">dustr<span class="l6">y leade<span
class="l6">rship i<span class="l6">n its main li<span class="l6">ne of busi<span
class="l7">ness.</span></span></span></span></span></span></span></spa
n><span class="a" style="left:531px;top:4924px;word-spacing:-3px;letterspacing:1px">D)<span class="w" style="width:50px"></span>encou<span
class="l7">nters d<span class="l6">eclin<span class="l6">ing pro<span
class="l6">fits in it<span class="l7">s mainst<span class="l6">ay busi<span
class="l6">ness<span
class="l6">.</span></span></span></span></span></span></span></span><
/span><span class="a" style="left:531px;top:5018px;word-spacing:-3px;letterspacing:1px">E)<span class="w" style="width:59px"></span>faces st<span
class="l6">rong co<span class="l6">mpeti<span class="l7">tion an<span
class="l6">d is strug<span class="l6">glin<span class="l6">g to earn a good
p<span class="l6">rofit<span
class="l7">.</span></span></span></span></span></span></span></span><
/span></div>
<div class="ff0" style="font-size:57px">
<span class="a" style="left:531px;top:5206px;word-spacing:1px;letter-spacing:1px">Answer: B</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:959px;top:5204px;word-spacing:15px">Page: <span
class="l" style="margin-left:-16px">241 <span class="w"

style="width:24px"></span>Learning <span class="l" style="margin-left:16px">Objective: <span class="l" style="margin-left:-18px">1 <span class="w"


style="width:25px"></span>Difficulty: <span class="l" style="margin-left:19px">Medium <span class="w" style="width:24px"></span>Taxonomy: <span
class="l" style="margin-left:-17px">Comprehension <span class="w"
style="width:22px"></span>AACSB:</span></span></span></span></span></s
pan></div>
<div class="ff7" style="font-size:58px">
<span class="a" style="left:2142px;top:5388px;word-spacing:8px">TB 81</span></div>
</div>
</div>
<div class="image_layer" style="z-index: 1">
<div class="ie_fix">
<img src="https://html1-f.scribdassets.com/4ogdemram81f7w5s/images/1903f3b743c.jpg" class="absimg" style="left: 302px; top: 622px; width: 24px;
height: 3px; clip: rect(1px, 23px, 2px, 1px); display: block;">
</div>
</div>
</div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [8, 2, 4, 1, 3,
0, 5, 7], "pageNum": 1};

pageParams.containerElem = document.getElementById("outer_page_1");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/1-903f3b743c.jsonp";
pageParams.blur = false
var page = docManager.addPage(pageParams);
})();
</script>

<div id="between_page_ads_1" class="between_page_ads" style="display:


block;">
<script type="text/javascript">
Scribd.Ads.addBetweenPageUnit(1);
</script>
</div>

<div class="buy_doc_bar outer_page only_ie6_border between_page_module">


<div id="buy_doc_bar">
</div>

</div>

<div class="outer_page only_ie6_border not_visible" id="outer_page_2"


style="width: 1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

<div class="newpage" id="page2" style="width: 902px; height: 1167px;


transform: scale(1.10865); transform-origin: left top 0px; display: none;">
<div class="text_layer" style="z-index:2"><div class="ie_fix">
&nbsp;
<div class="ff3" style="font-size:74px">
<span class="a" style="left:531px;top:284px;word-spacing:-3px">Value
Creation</span></div>
<div class="ff7" style="font-size:58px">
<span class="a" style="left:2142px;top:5388px;word-spacing:8px">TB 82</span></div>
</div>
</div>
</div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 7],
"pageNum": 2};

pageParams.containerElem = document.getElementById("outer_page_2");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/2-8d1fc2b659.jsonp";
pageParams.blur = false
var page = docManager.addPage(pageParams);
})();
</script>

<div id="between_page_ads_2" class="between_page_ads" style="display:


block;">
<script type="text/javascript">
Scribd.Ads.addBetweenPageUnit(2);

</script>
</div>

<div class="outer_page only_ie6_border " id="outer_page_3" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

<div class="newpage" id="page3" style="width: 902px; height: 1167px;


transform: scale(1.10865); transform-origin: left top 0px; display: block;">
<div class="text_layer" style="z-index:2"><div class="ie_fix">
&nbsp;
<div class="ff3" style="font-size:74px">
<span class="a" style="left:406px;top:284px;word-spacing:-3px;letterspacing:1px">4.<span class="w" style="width:62px"></span>Dive<span
class="l6">rsifi<span class="l6">catio<span class="l6">n become<span
class="l6">s a releva<span class="l6">nt strat<span class="l6">egic op<span
class="l7">tion wh<span class="l6">en a compan<span
class="l6">y</span></span></span></span></span></span></span></span>
</span></span><span class="a" style="left:531px;top:377px;wordspacing:2px">A)<span class="w" style="width:52px"></span>spots opp<span
class="l6">ortunities to <span class="l8">expand into <span
class="l7">industries w<span class="l6">hose technolo<span class="l6">gies and
<span class="l6">products comp<span class="l6">lement its <span

class="l6">present</span></span></span></span></span></span></span></s
pan></span><span class="a"
style="left:649px;top:471px">&nbsp;business.</span><span class="a"
style="left:531px;top:564px;word-spacing:2px">B)<span class="w"
style="width:57px"></span>can leverage e<span class="l6">xisting comp<span
class="l6">etencies and <span class="l6">capabilities b<span class="l6">y
expanding <span class="l7">into indu<span class="l6">stries where <span
class="l6">these same <span
class="l6">resource</span></span></span></span></span></span></span></
span></span><span class="a" style="left:669px;top:657px;word-spacing:2px">strengths are key success factors and valuable competitive
assets.</span><span class="a" style="left:531px;top:750px;wordspacing:2px">C)<span class="w" style="width:57px"></span>has a pow<span
class="l6">erful and w<span class="l6">ell-known b<span class="l6">rand name
that <span class="l8">can be trans<span class="l6">ferred to the <span
class="l7">products of <span class="l7">other busines<span class="l6">ses
and</span></span></span></span></span></span></span></span></span><
span class="a" style="left:669px;top:844px;word-spacing:-2px">thereby used as a
lever <span class="w6"></span>for driving up the sales and <span
class="w6"></span>profits of such businesses.</span><span class="a"
style="left:531px;top:937px;word-spacing:2px">D)<span class="w"
style="width:52px"></span>can open u<span class="l6">p new av<span
class="l6">enues for red<span class="l6">ucing costs <span class="l6">by
diversi<span class="l6">fying into <span class="l7">closely related <span
class="l7">businesses.</span></span></span></span></span></span></span
></span><span class="a" style="left:531px;top:1030px;word-spacing:-6px;letterspacing:5px">E<span class="l6">)<span class="w"
style="width:57px"></span>A<span class="l6">ll <span class="l10">of <span
class="l8">t<span class="l6">he<span class="l10">s<span
class="l6">e.</span></span></span></span></span></span></span></span>
</div>
<div class="ff0" style="font-size:57px">
<span class="a" style="left:531px;top:1218px;word-spacing:1px;letter-spacing:1px">Answer: E</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:959px;top:1217px;word-spacing:14px">Page: <span
class="l" style="margin-left:-15px">241 <span class="w"
style="width:25px"></span>Learning <span class="l" style="margin-left:15px">Objective: <span class="l" style="margin-left:-17px">1 <span class="w"
style="width:26px"></span>Difficulty: <span class="l" style="margin-left:18px">Easy <span class="w" style="width:25px"></span>Taxonomy: <span
class="l" style="margin-left:-17px">Comprehension <span class="w"
style="width:23px"></span>AACSB: <span class="l" style="margin-left:14px">Value</span></span></span></span></span></span></span><span

class="a" style="left:531px;top:1309px">Creation</span><span class="a"


style="left:406px;top:1505px;word-spacing:1px;letter-spacing:1px">5.<span
class="w" style="width:62px"></span>Dive<span class="l6">rsifi<span
class="l6">catio<span class="l6">n ou<span class="l6">ght <span class="l6">to
b<span class="l6">e co<span class="l6">nsid<span class="l6">ered <span
class="l6">when</span></span></span></span></span></span></span></sp
an></span></span><span class="a" style="left:531px;top:1598px;wordspacing:1px">A)<span class="w" style="width:52px"></span>a company's
pro<span class="l6">fits are being sq<span class="l6">ueezed and it n<span
class="l6">eeds to increase it<span class="l6">s net profit marg<span
class="l6">ins and return <span
class="l6">on</span></span></span></span></span></span></span><span
class="a" style="left:669px;top:1691px">investment.</span><span class="a"
style="left:531px;top:1784px;word-spacing:-4px;letter-spacing:1px">B)<span
class="w" style="width:55px"></span>a company la<span class="l6">cks
sust<span class="l7">ainab<span class="l6">le compe<span
class="l6">titiv<span class="l6">e advant<span class="l7">age in its pres<span
class="l6">ent busi<span
class="l6">ness.</span></span></span></span></span></span></span></spa
n></span><span class="a" style="left:531px;top:1878px;wordspacing:3px">C)<span class="w" style="width:57px"></span>a company <span
class="l8">begins to <span class="l9">encounter di<span class="l6">minishing
<span class="l6">growth pro<span class="l6">spects in <span class="l8">its
mains<span class="l6">tay busine<span
class="l6">ss.</span></span></span></span></span></span></span></span
></span><span class="a" style="left:531px;top:1971px;wordspacing:2px">D)<span class="w" style="width:52px"></span>a company <span
class="l6">has run ou<span class="l6">t of ways <span class="l7">to achieve
<span class="l6">a distincti<span class="l6">ve competence <span class="l6">in
its p<span class="l6">resent busin<span
class="l6">ess.</span></span></span></span></span></span></span></span
></span><span class="a" style="left:531px;top:2064px;word-spacing:-3px;letterspacing:1px">E)<span class="w" style="width:59px"></span>a compan<span
class="l6">y is unde<span class="l6">r the gun to cre<span class="l6">ate a
more att<span class="l7">ractiv<span class="l7">e and cost<span class="l6">effic<span class="l6">ient va<span class="l6">lue chai<span
class="l6">n.</span></span></span></span></span></span></span></span>
</span></span></div>
<div class="ff0" style="font-size:57px">
<span class="a" style="left:531px;top:2252px;word-spacing:1px;letter-spacing:1px">Answer: C</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:963px;top:2251px;word-spacing:15px">Page: <span
class="l" style="margin-left:-15px">241 <span class="w"

style="width:24px"></span>Learning <span class="l" style="margin-left:17px">Objective: <span class="l" style="margin-left:-18px">1 <span class="w"


style="width:25px"></span>Difficulty: <span class="l" style="margin-left:18px">Medium <span class="w" style="width:24px"></span>Taxonomy: <span
class="l" style="margin-left:-18px">Comprehension <span class="w"
style="width:22px"></span>AACSB:</span></span></span></span></span></s
pan><span class="a" style="left:531px;top:2343px;word-spacing:-3px">Value
Creation</span><span class="a" style="left:406px;top:2539px;wordspacing:2px">6.<span class="w" style="width:64px"></span>Diversification
<span class="l6">becomes a rel<span class="l6">evant strategi<span
class="l6">c option <span class="l6">in all bu<span class="l7">t which on<span
class="l6">e of the <span class="l6">following <span class="l6">situations?
</span></span></span></span></span></span></span></span></span><spa
n class="a" style="left:531px;top:2632px;word-spacing:1px">A)<span class="w"
style="width:52px"></span>When a company s<span class="l6">pots
opportun<span class="l6">ities to expan<span class="l6">d into indus<span
class="l6">tries whose techn<span class="l6">ologies and p<span
class="l6">roducts
complement</span></span></span></span></span></span></span><span
class="a" style="left:669px;top:2725px;word-spacing:-4px">its present
business.</span><span class="a" style="left:531px;top:2818px;word-spacing:3px;letter-spacing:1px">B)<span class="w" style="width:55px"></span>When a
com<span class="l6">pany is on<span class="l7">ly earni<span class="l6">ng a
low pro<span class="l6">fit marg<span class="l6">in in its pri<span
class="l7">ncipa<span class="l6">l busin<span
class="l7">ess</span></span></span></span></span></span></span></span
></span><span class="a" style="left:531px;top:2912px;wordspacing:2px">C)<span class="w" style="width:57px"></span>When a co<span
class="l6">mpany has a <span class="l7">powerful and <span class="l7">wellknown <span class="l6">brand name t<span class="l6">hat can be <span
class="l7">transferred to <span class="l6">the products <span class="l8">of
other&nbsp;</span></span></span></span></span></span></span></span><
/span><span class="a" style="left:649px;top:3004px;word-spacing:2px">&nbsp;businesses and thereby used as a lever <span
class="w6"></span>for driving up the sales and <span
class="w6"></span>profits of such businesses.</span><span class="a"
style="left:531px;top:3098px;word-spacing:1px">D)<span class="w"
style="width:52px"></span>When a company c<span class="l6">an open up
n<span class="l6">ew avenues for redu<span class="l6">cing costs by <span
class="l6">diversifying i<span class="l6">nto closely relat<span class="l6">ed
businesses.</span></span></span></span></span></span></span><span
class="a" style="left:531px;top:3191px;word-spacing:2px">E)<span class="w"
style="width:61px"></span>When a co<span class="l6">mpany can l<span
class="l6">everage existing <span class="l7">competencies and <span
class="l8">capabilities by <span class="l8">expanding in<span class="l6">to
indust<span class="l6">ries
where</span></span></span></span></span></span></span></span><span

class="a" style="left:669px;top:3284px;word-spacing:-2px">these same resource


strengths are key <span class="w6"></span>success factors and valuable
competitive assets.</span></div>
<div class="ff0" style="font-size:57px">
<span class="a" style="left:531px;top:3472px;word-spacing:1px;letter-spacing:1px">Answer: B</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:959px;top:3471px;word-spacing:14px">Page: <span
class="l" style="margin-left:-15px">241 <span class="w"
style="width:25px"></span>Learning <span class="l" style="margin-left:15px">Objective: <span class="l" style="margin-left:-17px">1 <span class="w"
style="width:26px"></span>Difficulty: <span class="l" style="margin-left:18px">Easy <span class="w" style="width:25px"></span>Taxonomy: <span
class="l" style="margin-left:-17px">Comprehension <span class="w"
style="width:23px"></span>AACSB: <span class="l" style="margin-left:14px">Value</span></span></span></span></span></span></span><span
class="a" style="left:531px;top:3564px">Creation</span></div>
<div class="ff1" style="font-size:116px">
<span class="a" style="left:266px;top:3751px;word-spacing:-1px;letter-spacing:4px;color:#f79533">Building Shareholder Value: The Ultimate
Justification</span><span class="a" style="left:266px;top:3889px;word-spacing:1px;letter-spacing:-4px;color:#f79533">For Diversifying</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:406px;top:4256px;word-spacing:-2px;letterspacing:1px">7.<span class="w" style="width:62px"></span>Dive<span
class="l6">rsify<span class="l6">ing in<span class="l6">to new b<span
class="l6">usine<span class="l7">sses is <span class="l6">justi<span
class="l6">fiabl<span class="l7">e only if i<span
class="l7">t</span></span></span></span></span></span></span></span>
</span></span><span class="a" style="left:531px;top:4349px;word-spacing:4px;letter-spacing:1px">A)<span class="w"
style="width:50px"></span>resu<span class="l6">lts in incre<span
class="l6">ased pro<span class="l6">fit margi<span class="l6">ns and
bigg<span class="l6">er total pro<span class="l7">fits<span
class="l6">.</span></span></span></span></span></span></span></span><
span class="a" style="left:531px;top:4442px;word-spacing:-1px;letterspacing:2px">B)<span class="w" style="width:53px"></span>bui<span
class="l8">lds <span class="l7">sh<span class="l6">are<span
class="l6">hol<span class="l7">der <span class="l7">val<span
class="l7">ue.</span></span></span></span></span></span></span></span
><span class="a" style="left:531px;top:4536px;word-spacing:-4px;letterspacing:1px">C)<span class="w" style="width:55px"></span>helps a comp<span

class="l6">any esca<span class="l6">pe the rigor<span class="l7">s of


competi<span class="l6">tion in its pre<span class="l6">sent bus<span
class="l7">iness<span
class="l7">.</span></span></span></span></span></span></span></span><
span class="a" style="left:531px;top:4629px;word-spacing:2px">D)<span
class="w" style="width:52px"></span>leads to <span class="l6">the
developmen<span class="l6">t of a <span class="l6">greater variety <span
class="l6">of distinc<span class="l6">tive competencies <span class="l7">and
competiti<span class="l6">ve capabilities<span
class="l6">.</span></span></span></span></span></span></span></span><
/span><span class="a" style="left:531px;top:4722px;word-spacing:-4px;letterspacing:1px">E)<span class="w" style="width:59px"></span>helps th<span
class="l7">e company ov<span class="l6">ercom<span class="l6">e the
barrier<span class="l6">s to enterin<span class="l7">g additi<span
class="l6">onal for<span class="l6">eign mark<span
class="l7">ets.</span></span></span></span></span></span></span></span
></span></div>
<div class="ff0" style="font-size:57px">
<span class="a" style="left:531px;top:4910px;word-spacing:1px;letter-spacing:1px">Answer: B</span></div>
<div class="ff3" style="font-size:74px">
<span class="a" style="left:959px;top:4909px;word-spacing:12px">Page: <span
class="l" style="margin-left:-13px">241 <span class="l" style="margin-left:13px">- <span class="l12">242 <span class="w"
style="width:28px"></span>Learning <span class="l" style="margin-left:15px">Objective: <span class="l" style="margin-left:-15px">1 <span class="w"
style="width:29px"></span>Difficulty: <span class="l" style="margin-left:15px">Easy <span class="w" style="width:27px"></span>Taxonomy: <span
class="l" style="margin-left:-15px">Comprehension <span class="w"
style="width:25px"></span>AACSB:</span></span></span></span></span></s
pan></span></span><span class="a" style="left:531px;top:5001px;wordspacing:-3px">Value Creation</span></div>
<div class="ff7" style="font-size:58px">
<span class="a" style="left:2142px;top:5388px;word-spacing:8px">TB 83</span></div>
</div>
</div>
</div></div>

<script type="text/javascript">

(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 7],
"pageNum": 3};

pageParams.containerElem = document.getElementById("outer_page_3");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/3-5fe251ba5e.jsonp";
pageParams.blur = false
var page = docManager.addPage(pageParams);
})();
</script>

<div id="between_page_ads_3" class="between_page_ads" style="display:


block;">
<script type="text/javascript">
Scribd.Ads.addBetweenPageUnit(3);
</script>
</div>

<div class="page_missing_explanation outer_page only_ie6_border


between_page_module" id="page_missing_explanation_37">
<div class="page_missing_explanation_inner">
<div class="page_missing_explanation_contents">
<span class="missing_page_number_title">You're reading a free
preview.</span>
<br>
Pages <span class="missing_page_number notranslate"> 4 </span>
to <span class="missing_page_number notranslate"> 36 </span> are not shown in
this preview.

</div>

<div class="missing_page_buy_button">
<a class="missing_page_buy_link" href="#">
<div class="home_btn darkorange buy_button">
<div class="btn_inner">Read the full version</div>
</div>
</a>
</div>

</div>
</div>

<div unselectable="on" class="outer_page only_ie6_border " id="outer_page_4"


style="width: 1000px; height: 1294px;">

<div unselectable="on" class="b_tl"></div>


<div unselectable="on" class="b_tr"></div>
<div unselectable="on" class="b_br"></div>
<div unselectable="on" class="b_bl"></div>
<div unselectable="on" class="b_t"></div>
<div unselectable="on" class="b_r"></div>
<div unselectable="on" class="b_b"></div>
<div unselectable="on" class="b_l"></div>

<div unselectable="on" class="newpage" id="page4" style="width: 902px;


height: 1167px; display: block; transform: scale(1.10865); transform-origin: left top
0px;">

<div unselectable="on" class="text_layer" style="z-index: 2; color: transparent;


text-shadow: 0px 0px 70px black;"><div unselectable="on" class="ie_fix">
&nbsp;
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 406px; top: 388px; word-spacing:
-2px; letter-spacing: 1px; color: transparent;">8.<span unselectable="on"
class="w" style="width: 62px; color: transparent;"></span>To crea<span
unselectable="on" class="l6">te valu<span unselectable="on" class="l7">e for
sha<span unselectable="on" class="l6">rehol<span unselectable="on"
class="l6">ders vi<span unselectable="on" class="l6">a dive<span
unselectable="on" class="l6">rsifi<span unselectable="on" class="l6">catio<span
unselectable="on" class="l6">n, a comp<span unselectable="on" class="l6">any
mus<span unselectable="on"
class="l7">t</span></span></span></span></span></span></span></span>
</span></span></span><span unselectable="on" class="a" style="left: 531px;
top: 480px; word-spacing: -1px; letter-spacing: 1px; color: transparent;">A)<span
unselectable="on" class="w" style="width: 50px; color: transparent;"></span>get
in<span unselectable="on" class="l7">to new <span unselectable="on"
class="l6">busi<span unselectable="on" class="l6">ness<span
unselectable="on" class="l6">es tha<span unselectable="on" class="l6">t are
pr<span unselectable="on" class="l6">ofit<span unselectable="on"
class="l6">able.</span></span></span></span></span></span></span></spa
n><span unselectable="on" class="a" style="left: 531px; top: 574px; wordspacing: -2px; letter-spacing: 1px; color: transparent;">B)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>dive<span
unselectable="on" class="l6">rsify i<span unselectable="on" class="l6">nto
in<span unselectable="on" class="l6">dust<span unselectable="on"
class="l6">ries th<span unselectable="on" class="l7">at are gro<span
unselectable="on" class="l7">wing ra<span unselectable="on"
class="l6">pidl<span unselectable="on"
class="l6">y.</span></span></span></span></span></span></span></span>
</span><span unselectable="on" class="a" style="left: 531px; top: 667px; wordspacing: 1px; color: transparent;">C)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>spread its bu<span
unselectable="on" class="l6">siness risk acros<span unselectable="on"
class="l6">s various indus<span unselectable="on" class="l6">tries by only <span
unselectable="on" class="l7">acquiring firms tha<span unselectable="on"
class="l6">t are strong comp<span unselectable="on" class="l6">etitors in
the<span unselectable="on"
class="l6">ir&nbsp;</span></span></span></span></span></span></span></
span><span unselectable="on" class="a" style="left: 669px; top: 760px; wordspacing: -6px; color: transparent;">respective industries.</span><span
unselectable="on" class="a" style="left: 531px; top: 853px; word-spacing: 2px;
color: transparent;">D)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>diversify in<span unselectable="on" class="l6">to

business<span unselectable="on" class="l6">es that can <span unselectable="on"


class="l7">perform better <span unselectable="on" class="l6">under a s<span
unselectable="on" class="l6">ingle corporate <span unselectable="on"
class="l7">umbrella than <span unselectable="on" class="l7">they could <span
unselectable="on"
class="l6">perform</span></span></span></span></span></span></span></
span></span><span unselectable="on" class="a" style="left: 669px; top: 947px;
word-spacing: -4px; color: transparent;">operating as independent, <span
unselectable="on" class="w6"></span>stand-alone businesses.</span><span
unselectable="on" class="a" style="left: 531px; top: 1040px; word-spacing: 2px;
color: transparent;">E)<span unselectable="on" class="w" style="width: 61px;
color: transparent;"></span>diversify in<span unselectable="on" class="l6">to
business<span unselectable="on" class="l6">es that hav<span unselectable="on"
class="l6">e either key <span unselectable="on" class="l7">success factors
<span unselectable="on" class="l7">or value <span unselectable="on"
class="l6">chains that <span unselectable="on" class="l7">are similar to <span
unselectable="on" class="l8">its
present</span></span></span></span></span></span></span></span></spa
n><span unselectable="on" class="a" style="left: 649px; top: 1133px; color:
transparent;">&nbsp;businesses.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 1321px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: D</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 1320px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">242 <span unselectable="on" class="w"
style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">1 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 1413px; word-spacing:
-3px; color: transparent;">Value Creation</span><span unselectable="on"
class="a" style="left: 406px; top: 1599px; word-spacing: 2px; color:
transparent;">9.<span unselectable="on" class="w" style="width: 64px; color:
transparent;"></span>The three <span unselectable="on" class="l6">tests for
j<span unselectable="on" class="l6">udging wheth<span unselectable="on"

class="l6">er a particu<span unselectable="on" class="l6">lar diversificatio<span


unselectable="on" class="l6">n move can <span unselectable="on"
class="l8">create value fo<span unselectable="on" class="l6">r shareholders
<span unselectable="on"
class="l6">are</span></span></span></span></span></span></span></span
></span><span unselectable="on" class="a" style="left: 531px; top: 1693px;
word-spacing: 3px; color: transparent;">A)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>the attracti<span
unselectable="on" class="l6">veness tes<span unselectable="on" class="l6">t,
the <span unselectable="on" class="l6">profitability <span unselectable="on"
class="l8">test, and <span unselectable="on" class="l7">the shareho<span
unselectable="on" class="l6">lder value <span unselectable="on"
class="l7">test.</span></span></span></span></span></span></span></spa
n><span unselectable="on" class="a" style="left: 531px; top: 1786px; wordspacing: 2px; color: transparent;">B)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>the strategic <span
unselectable="on" class="l7">fit test, t<span unselectable="on" class="l6">he
competitive <span unselectable="on" class="l7">advantage test<span
unselectable="on" class="l6">, and the <span unselectable="on"
class="l6">return on <span unselectable="on" class="l6">investment te<span
unselectable="on"
class="l6">st.</span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 531px; top: 1879px; wordspacing: -4px; letter-spacing: 1px; color: transparent;">C)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>the reso<span
unselectable="on" class="l6">urce fit tes<span unselectable="on" class="l6">t,
the profi<span unselectable="on" class="l6">tabil<span unselectable="on"
class="l6">ity tes<span unselectable="on" class="l6">t, and the share<span
unselectable="on" class="l6">hold<span unselectable="on" class="l6">er value
tes<span unselectable="on"
class="l6">t.</span></span></span></span></span></span></span></span>
</span><span unselectable="on" class="a" style="left: 531px; top: 1972px; wordspacing: -4px; letter-spacing: 1px; color: transparent;">D)<span unselectable="on"
class="w" style="width: 50px; color: transparent;"></span>the attr<span
unselectable="on" class="l6">activ<span unselectable="on" class="l6">eness
te<span unselectable="on" class="l6">st, the cost<span unselectable="on"
class="l7">-of-en<span unselectable="on" class="l7">try test<span
unselectable="on" class="l6">, and the better<span unselectable="on"
class="l6">-off test<span unselectable="on"
class="l6">.</span></span></span></span></span></span></span></span><
/span><span unselectable="on" class="a" style="left: 531px; top: 2066px; wordspacing: -4px; letter-spacing: 1px; color: transparent;">E)<span unselectable="on"
class="w" style="width: 59px; color: transparent;"></span>the shar<span
unselectable="on" class="l6">ehold<span unselectable="on" class="l7">er value
tes<span unselectable="on" class="l6">t, the cost-<span unselectable="on"
class="l6">of-en<span unselectable="on" class="l6">try test<span
unselectable="on" class="l6">, and the profit<span unselectable="on"

class="l6">abil<span unselectable="on" class="l6">ity test<span


unselectable="on"
class="l7">.</span></span></span></span></span></span></span></span><
/span></span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 2253px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: D</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 2252px; word-spacing:
14px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -14px; color: transparent;">242 <span unselectable="on" class="w"
style="width: 25px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -16px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-17px; color: transparent;">1 <span unselectable="on" class="w" style="width:
26px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -17px; color: transparent;">Hard <span unselectable="on"
class="w" style="width: 25px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
23px; color: transparent;"></span>AACSB: <span unselectable="on" class="l"
style="margin-left: -15px; color:
transparent;">Value</span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 531px; top: 2345px; color:
transparent;">Creation</span><span unselectable="on" class="a" style="left:
366px; top: 2531px; word-spacing: 2px; color: transparent;">10.<span
unselectable="on" class="w" style="width: 63px; color: transparent;"></span>To
test <span unselectable="on" class="l6">whether a <span unselectable="on"
class="l6">particular divers<span unselectable="on" class="l6">ification move
<span unselectable="on" class="l6">has good <span unselectable="on"
class="l7">prospects for <span unselectable="on" class="l7">creating added
<span unselectable="on" class="l7">shareholder valu<span unselectable="on"
class="l6">e,</span></span></span></span></span></span></span></span>
</span><span unselectable="on" class="a" style="left: 531px; top: 2625px; wordspacing: -3px; color: transparent;">corporate strategists should use</span><span
unselectable="on" class="a" style="left: 531px; top: 2718px; word-spacing: 1px;
color: transparent;">A)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>the profit tes<span unselectable="on" class="l6">t,
the competitiv<span unselectable="on" class="l6">e strength test, t<span
unselectable="on" class="l6">he industry att<span unselectable="on"
class="l6">ractiveness test, and <span unselectable="on" class="l7">the capital
gain<span unselectable="on" class="l6">s
test.</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 531px; top: 2811px; word-spacing: 2px;

color: transparent;">B)<span unselectable="on" class="w" style="width: 57px;


color: transparent;"></span>the better-off <span unselectable="on"
class="l7">test, the co<span unselectable="on" class="l6">mpetitive advan<span
unselectable="on" class="l6">tage test, th<span unselectable="on" class="l6">e
profit <span unselectable="on" class="l6">expectations t<span unselectable="on"
class="l6">est, and th<span unselectable="on" class="l6">e shareholder <span
unselectable="on" class="l6">value
test.</span></span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 2904px; word-spacing:
2px; color: transparent;">C)<span unselectable="on" class="w" style="width:
57px; color: transparent;"></span>the barrier <span unselectable="on"
class="l6">to entry t<span unselectable="on" class="l6">est, the co<span
unselectable="on" class="l6">mpetitive advan<span unselectable="on"
class="l6">tage test, t<span unselectable="on" class="l6">he growth t<span
unselectable="on" class="l6">est, and t<span unselectable="on" class="l6">he
stock <span unselectable="on" class="l6">price effect tes<span
unselectable="on"
class="l6">t.</span></span></span></span></span></span></span></span>
</span></span><span unselectable="on" class="a" style="left: 531px; top:
2998px; word-spacing: 1px; color: transparent;">D)<span unselectable="on"
class="w" style="width: 52px; color: transparent;"></span>the strategic fi<span
unselectable="on" class="l6">t test, the ind<span unselectable="on"
class="l6">ustry attractiveness <span unselectable="on" class="l7">test, the
growth <span unselectable="on" class="l6">test, the divid<span
unselectable="on" class="l6">end effect test, and <span unselectable="on"
class="l7">the
capital</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 3091px; word-spacing: -4px;
color: transparent;">gains test.</span><span unselectable="on" class="a"
style="left: 531px; top: 3184px; word-spacing: -3px; letter-spacing: 1px; color:
transparent;">E)<span unselectable="on" class="w" style="width: 59px; color:
transparent;"></span>the att<span unselectable="on" class="l6">racti<span
unselectable="on" class="l6">venes<span unselectable="on" class="l6">s test,
th<span unselectable="on" class="l6">e cost of ent<span unselectable="on"
class="l7">ry test, an<span unselectable="on" class="l6">d the bett<span
unselectable="on" class="l6">er-of<span unselectable="on" class="l6">f
test.</span></span></span></span></span></span></span></span></span>
</div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 3372px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: E</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 959px; top: 3371px; word-spacing:
14px; color: transparent;">Page: <span unselectable="on" class="l" style="margin-

left: -15px; color: transparent;">242 <span unselectable="on" class="w"


style="width: 25px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -15px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-17px; color: transparent;">1 <span unselectable="on" class="w" style="width:
26px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Hard <span unselectable="on"
class="w" style="width: 26px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
23px; color: transparent;"></span>AACSB: <span unselectable="on" class="l"
style="margin-left: -15px; color:
transparent;">Value</span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 531px; top: 3464px; color:
transparent;">Creation</span><span unselectable="on" class="a" style="left:
366px; top: 3650px; word-spacing: 2px; color: transparent;">11.<span
unselectable="on" class="w" style="width: 63px; color: transparent;"></span>The
attractiven<span unselectable="on" class="l6">ess test <span unselectable="on"
class="l6">for evaluating <span unselectable="on" class="l7">whether
divers<span unselectable="on" class="l6">ification into <span unselectable="on"
class="l7">a particular <span unselectable="on" class="l6">industry i<span
unselectable="on" class="l6">s likely <span unselectable="on" class="l6">to
build</span></span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 3744px; word-spacing:
-3px; color: transparent;">shareholder value involves determining
whether&nbsp;</span><span unselectable="on" class="a" style="left: 531px; top:
3836px; word-spacing: 1px; color: transparent;">A)<span unselectable="on"
class="w" style="width: 52px; color: transparent;"></span>conditions in <span
unselectable="on" class="l7">the target indus<span unselectable="on"
class="l6">try are sufficient<span unselectable="on" class="l6">ly attractive to
<span unselectable="on" class="l6">permit earning cons<span unselectable="on"
class="l6">istently good <span unselectable="on" class="l6">profits
and</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 3930px; word-spacing: -3px;
color: transparent;">returns on investment.</span><span unselectable="on"
class="a" style="left: 531px; top: 4023px; word-spacing: 2px; color:
transparent;">B)<span unselectable="on" class="w" style="width: 57px; color:
transparent;"></span>the potenti<span unselectable="on" class="l6">al
diversificat<span unselectable="on" class="l6">ion move wi<span
unselectable="on" class="l6">ll boost <span unselectable="on" class="l7">the
companys <span unselectable="on" class="l7">competitive advan<span
unselectable="on" class="l6">tage in i<span unselectable="on" class="l6">ts
existing <span unselectable="on"
class="l7">business.</span></span></span></span></span></span></span><
/span></span><span unselectable="on" class="a" style="left: 531px; top:
4116px; word-spacing: 4px; color: transparent;">C)<span unselectable="on"
class="w" style="width: 57px; color: transparent;"></span>shareholders <span

unselectable="on" class="l7">will v<span unselectable="on" class="l7">iewed the


<span unselectable="on" class="l9">contemplated <span unselectable="on"
class="l7">diversification <span unselectable="on" class="l8">move a<span
unselectable="on" class="l6">s attractiv<span unselectable="on"
class="l6">e.</span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 4209px; word-spacing:
-3px; letter-spacing: 1px; color: transparent;">D)<span unselectable="on"
class="w" style="width: 50px; color: transparent;"></span>key suc<span
unselectable="on" class="l6">cess fac<span unselectable="on" class="l6">tors in
th<span unselectable="on" class="l6">e target i<span unselectable="on"
class="l6">ndus<span unselectable="on" class="l6">try are att<span
unselectable="on" class="l6">racti<span unselectable="on"
class="l6">ve.</span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 531px; top: 4303px; wordspacing: 2px; color: transparent;">E)<span unselectable="on" class="w"
style="width: 61px; color: transparent;"></span>there are att<span
unselectable="on" class="l6">ractive strategic <span unselectable="on"
class="l7">fits between <span unselectable="on" class="l7">the value <span
unselectable="on" class="l6">chains of <span unselectable="on" class="l6">the
company's <span unselectable="on" class="l6">present bus<span
unselectable="on" class="l6">inesses and <span unselectable="on"
class="l7">the
value</span></span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 669px; top: 4396px; word-spacing:
-2px; color: transparent;">chain of the new business it is <span unselectable="on"
class="w7"></span>considering entering.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 4584px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: A</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 4582px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">242 <span unselectable="on" class="w"
style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">1 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>

<span unselectable="on" class="a" style="left: 531px; top: 4676px; word-spacing:


-3px; color: transparent;">Value Creation</span></div>
<div unselectable="on" class="ff7" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 2142px; top: 5388px; wordspacing: 8px; color: transparent;">TB 8-4</span></div>
</div>
</div>
</div><div style="z-index: 8; display: block;"
class="autogen_class_views_pdfs_page_blur_promo
autogen_class_widgets_base"><div class="page_blur_promo_overlay"></div><div
class="page_blur_promo"><h2>You're Reading a Free Preview</h2><p
class="gap">Page 4 is not shown in this preview.</p><a
class="missing_page_buy_button download
flat_btn">Download</a></div></div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 7],
"pageNum": 4};

pageParams.containerElem = document.getElementById("outer_page_4");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/4-0524497e0e.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div unselectable="on" class="outer_page only_ie6_border " id="outer_page_5"


style="width: 1000px; height: 1294px;">

<div unselectable="on" class="b_tl"></div>


<div unselectable="on" class="b_tr"></div>
<div unselectable="on" class="b_br"></div>
<div unselectable="on" class="b_bl"></div>
<div unselectable="on" class="b_t"></div>
<div unselectable="on" class="b_r"></div>
<div unselectable="on" class="b_b"></div>
<div unselectable="on" class="b_l"></div>

<div unselectable="on" class="newpage" id="page5" style="width: 902px;


height: 1167px; display: block; transform: scale(1.10865); transform-origin: left top
0px;">
<div unselectable="on" class="text_layer" style="z-index: 2; color: transparent;
text-shadow: 0px 0px 70px black;"><div unselectable="on" class="ie_fix">
&nbsp;
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 284px; word-spacing:
2px; color: transparent;">12.<span unselectable="on" class="w" style="width:
63px; color: transparent;"></span>The cost-of-en<span unselectable="on"
class="l6">try test fo<span unselectable="on" class="l6">r evaluating <span
unselectable="on" class="l6">whether dive<span unselectable="on"
class="l6">rsification into <span unselectable="on" class="l8">a particular i<span
unselectable="on" class="l6">ndustry is <span unselectable="on"
class="l7">likely to <span unselectable="on" class="l7">build shareho<span
unselectable="on"
class="l6">lder&nbsp;</span></span></span></span></span></span></span>
</span></span></span><span unselectable="on" class="a" style="left: 531px;
top: 377px; word-spacing: -4px; color: transparent;">value involves</span><span
unselectable="on" class="a" style="left: 531px; top: 471px; word-spacing: 2px;
color: transparent;">A)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>determining w<span unselectable="on"
class="l6">hether a n<span unselectable="on" class="l6">ewly entered <span
unselectable="on" class="l6">business presen<span unselectable="on"
class="l7">ts opportuni<span unselectable="on" class="l6">ties to cos<span
unselectable="on" class="l6">t-efficiently tran<span unselectable="on"
class="l6">sfer competitive<span unselectable="on"
class="l6">ly</span></span></span></span></span></span></span></span>
</span><span unselectable="on" class="a" style="left: 669px; top: 564px; wordspacing: -2px; color: transparent;">valuable skills or technology from one business

to another.</span><span unselectable="on" class="a" style="left: 531px; top:


657px; word-spacing: 2px; color: transparent;">B)<span unselectable="on"
class="w" style="width: 57px; color: transparent;"></span>determining w<span
unselectable="on" class="l6">hether the <span unselectable="on"
class="l6">cost to en<span unselectable="on" class="l7">ter the target <span
unselectable="on" class="l7">industry w<span unselectable="on" class="l6">ill
strain <span unselectable="on" class="l6">the companys <span
unselectable="on" class="l7">credit
rating.</span></span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 531px; top: 750px; word-spacing: 1px;
color: transparent;">C)<span unselectable="on" class="w" style="width: 57px;
color: transparent;"></span>considering w<span unselectable="on"
class="l6">hether a companys c<span unselectable="on" class="l6">osts to enter
t<span unselectable="on" class="l6">he target indust<span unselectable="on"
class="l6">ry are low enoug<span unselectable="on" class="l6">h to allow <span
unselectable="on" class="l6">for good profits <span unselectable="on"
class="l6">or&nbsp;</span></span></span></span></span></span></span><
/span><span unselectable="on" class="a" style="left: 669px; top: 844px; wordspacing: -2px; color: transparent;">so high that potential profits would be
eroded.</span><span unselectable="on" class="a" style="left: 531px; top: 937px;
word-spacing: 1px; color: transparent;">D)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>determining wh<span
unselectable="on" class="l6">ether the cost to <span unselectable="on"
class="l6">enter the target <span unselectable="on" class="l6">industry
wil<span unselectable="on" class="l6">l raise or lower t<span unselectable="on"
class="l6">he companys to<span unselectable="on" class="l6">tal
profits.</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 531px; top: 1030px; word-spacing: 2px;
color: transparent;">E)<span unselectable="on" class="w" style="width: 61px;
color: transparent;"></span>determining w<span unselectable="on"
class="l6">hether the <span unselectable="on" class="l6">cost a compan<span
unselectable="on" class="l6">y incurs <span unselectable="on" class="l6">to
enter th<span unselectable="on" class="l6">e target i<span unselectable="on"
class="l6">ndustry wil<span unselectable="on" class="l6">l raise or <span
unselectable="on" class="l6">lower produc<span unselectable="on"
class="l6">tion</span></span></span></span></span></span></span></span
></span></span><span unselectable="on" class="a" style="left: 669px; top:
1123px; color: transparent;">costs.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 1311px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: C</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 1309px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="margin-

left: -15px; color: transparent;">242 <span unselectable="on" class="w"


style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">1 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 1403px; word-spacing:
-3px; color: transparent;">Value Creation</span><span unselectable="on"
class="a" style="left: 366px; top: 1590px; word-spacing: 2px; color:
transparent;">13.<span unselectable="on" class="w" style="width: 63px; color:
transparent;"></span>The better-off <span unselectable="on" class="l6">test for
<span unselectable="on" class="l6">evaluating wh<span unselectable="on"
class="l6">ether a parti<span unselectable="on" class="l6">cular
diversificat<span unselectable="on" class="l6">ion move i<span
unselectable="on" class="l6">s likely <span unselectable="on" class="l6">to
generate <span unselectable="on" class="l6">added value <span
unselectable="on"
class="l6">for&nbsp;</span></span></span></span></span></span></span>
</span></span></span><span unselectable="on" class="a" style="left: 531px;
top: 1682px; word-spacing: -6px; color: transparent;">shareholders
involves</span><span unselectable="on" class="a" style="left: 531px; top:
1776px; word-spacing: 1px; color: transparent;">A)<span unselectable="on"
class="w" style="width: 52px; color: transparent;"></span>assessing wh<span
unselectable="on" class="l6">ether the diversifica<span unselectable="on"
class="l6">tion move wil<span unselectable="on" class="l6">l make the company
<span unselectable="on" class="l6">better off because i<span unselectable="on"
class="l6">t will produ<span unselectable="on" class="l6">ce a
greater&nbsp;</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 1869px; word-spacing: -2px;
color: transparent;">number of core competencies.</span><span
unselectable="on" class="a" style="left: 531px; top: 1962px; word-spacing: 2px;
color: transparent;">B)<span unselectable="on" class="w" style="width: 57px;
color: transparent;"></span>assessing w<span unselectable="on"
class="l6">hether the <span unselectable="on" class="l6">diversification <span
unselectable="on" class="l6">move will <span unselectable="on"
class="l6">make the <span unselectable="on" class="l6">company better <span
unselectable="on" class="l6">off by imp<span unselectable="on"
class="l6">roving its <span unselectable="on" class="l7">balance
sheet</span></span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 669px; top: 2055px; word-spacing:
-3px; color: transparent;">strength and credit rating.</span><span

unselectable="on" class="a" style="left: 531px; top: 2149px; word-spacing: 2px;


color: transparent;">C)<span unselectable="on" class="w" style="width: 57px;
color: transparent;"></span>assessing w<span unselectable="on"
class="l6">hether the <span unselectable="on" class="l6">diversification <span
unselectable="on" class="l6">move will <span unselectable="on"
class="l6">make the <span unselectable="on" class="l6">company better <span
unselectable="on" class="l6">off by s<span unselectable="on"
class="l6">preading sharehol<span unselectable="on" class="l6">der
risks</span></span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 669px; top: 2242px; word-spacing:
-2px; color: transparent;">across a greater number of <span unselectable="on"
class="w7"></span>businesses and industries.</span><span unselectable="on"
class="a" style="left: 531px; top: 2335px; word-spacing: 1px; color:
transparent;">D)<span unselectable="on" class="w" style="width: 52px; color:
transparent;"></span>evaluating wh<span unselectable="on" class="l6">ether
the diversifi<span unselectable="on" class="l6">cation move will <span
unselectable="on" class="l7">produce a 1 + 1 <span unselectable="on"
class="l6">=3 outcome such <span unselectable="on" class="l6">that the
company<span unselectable="on"
class="l7">s</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 2428px; word-spacing: -2px;
color: transparent;">different businesses perform better together than apart and
the <span unselectable="on" class="w6"></span>whole ends up being greater
than the <span unselectable="on" class="w6"></span>sum
of&nbsp;</span><span unselectable="on" class="a" style="left: 669px; top:
2522px; word-spacing: -2px; color: transparent;">the parts.</span><span
unselectable="on" class="a" style="left: 531px; top: 2615px; word-spacing: 2px;
color: transparent;">E)<span unselectable="on" class="w" style="width: 61px;
color: transparent;"></span>assessing w<span unselectable="on"
class="l6">hether the <span unselectable="on" class="l6">diversification <span
unselectable="on" class="l6">move will <span unselectable="on"
class="l6">benefit shareho<span unselectable="on" class="l6">lders due t<span
unselectable="on" class="l6">o gains <span unselectable="on" class="l6">in
earnings <span unselectable="on" class="l6">per share a<span unselectable="on"
class="l6">nd</span></span></span></span></span></span></span></span
></span></span><span unselectable="on" class="a" style="left: 669px; top:
2708px; word-spacing: -3px; color: transparent;">faster stock price a<span
unselectable="on" class="w6"></span>ppreciation.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 2896px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: D</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 2895px; word-spacing:
14px; color: transparent;">Page: <span unselectable="on" class="l" style="margin-

left: -14px; color: transparent;">242 <span unselectable="on" class="w"


style="width: 25px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -16px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-17px; color: transparent;">1 <span unselectable="on" class="w" style="width:
26px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -17px; color: transparent;">Hard <span unselectable="on"
class="w" style="width: 25px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
23px; color: transparent;"></span>AACSB: <span unselectable="on" class="l"
style="margin-left: -15px; color:
transparent;">Value</span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 531px; top: 2987px; color:
transparent;">Creation</span></div>
<div unselectable="on" class="ff1" style="font-size: 116px; color: transparent;">
<span unselectable="on" class="a" style="left: 266px; top: 3268px; word-spacing:
-3px; letter-spacing: -4px; color: transparent;">Strategies for Entering <span
unselectable="on" class="w7"></span>New Businesses</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 3635px; word-spacing:
-3px; letter-spacing: 1px; color: transparent;">14.<span unselectable="on"
class="w" style="width: 60px; color: transparent;"></span>A compa<span
unselectable="on" class="l6">ny can bes<span unselectable="on" class="l6">t
accompl<span unselectable="on" class="l7">ish div<span unselectable="on"
class="l6">ersif<span unselectable="on" class="l7">icati<span unselectable="on"
class="l6">on into ne<span unselectable="on" class="l6">w indu<span
unselectable="on" class="l6">strie<span unselectable="on" class="l6">s
by</span></span></span></span></span></span></span></span></span></
span><span unselectable="on" class="a" style="left: 531px; top: 3729px; wordspacing: 1px; color: transparent;">A)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>outsourcing mos<span
unselectable="on" class="l6">t of the valu<span unselectable="on" class="l6">e
chain activities <span unselectable="on" class="l6">that have to <span
unselectable="on" class="l6">be performed in th<span unselectable="on"
class="l6">e target busines<span unselectable="on"
class="l6">s/industry.</span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 3822px; word-spacing:
2px; color: transparent;">B)<span unselectable="on" class="w" style="width:
57px; color: transparent;"></span>acquiring a <span unselectable="on"
class="l6">company already <span unselectable="on" class="l7">operating
i<span unselectable="on" class="l6">n the targe<span unselectable="on"
class="l6">t industry, <span unselectable="on" class="l6">creating a <span
unselectable="on" class="l6">new business <span unselectable="on"

class="l7">subsidiary <span unselectable="on" class="l6">internally


to</span></span></span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 669px; top: 3915px; word-spacing:
-2px; color: transparent;">compete in the target industry, or forming a <span
unselectable="on" class="w8"></span>joint venture with another company to
enter the target <span unselectable="on"
class="w6"></span>industry.</span><span unselectable="on" class="a"
style="left: 531px; top: 4008px; word-spacing: -3px; letter-spacing: 1px; color:
transparent;">C)<span unselectable="on" class="w" style="width: 55px; color:
transparent;"></span>inte<span unselectable="on" class="l6">grati<span
unselectable="on" class="l6">ng forw<span unselectable="on" class="l6">ard or
back<span unselectable="on" class="l6">ward in<span unselectable="on"
class="l6">to the tar<span unselectable="on" class="l6">get ind<span
unselectable="on" class="l6">ustry<span unselectable="on"
class="l7">.</span></span></span></span></span></span></span></span><
/span><span unselectable="on" class="a" style="left: 531px; top: 4102px; wordspacing: 1px; color: transparent;">D)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>shifting from <span
unselectable="on" class="l6">a strategic group <span unselectable="on"
class="l6">comprised mostly <span unselectable="on" class="l6">of singlebusin<span unselectable="on" class="l6">ess companies to <span
unselectable="on" class="l6">a strategic group <span unselectable="on"
class="l7">comprised</span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 669px; top: 4195px; word-spacing:
-3px; color: transparent;">of diversified companies.</span><span
unselectable="on" class="a" style="left: 531px; top: 4288px; word-spacing: -4px;
letter-spacing: 1px; color: transparent;">E)<span unselectable="on" class="w"
style="width: 59px; color: transparent;"></span>emplo<span unselectable="on"
class="l7">ying an offe<span unselectable="on" class="l6">nsiv<span
unselectable="on" class="l6">e strateg<span unselectable="on" class="l6">y with
new pro<span unselectable="on" class="l6">duct inn<span unselectable="on"
class="l7">ovati<span unselectable="on" class="l7">on as its cente<span
unselectable="on" class="l6">rpiec<span unselectable="on"
class="l6">e.</span></span></span></span></span></span></span></span>
</span></span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 4476px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: B</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 959px; top: 4475px; word-spacing:
14px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">242 <span unselectable="on" class="w"
style="width: 25px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -15px; color:

transparent;">Objective: <span unselectable="on" class="l" style="margin-left:


-17px; color: transparent;">1 <span unselectable="on" class="w" style="width:
26px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Easy <span unselectable="on"
class="w" style="width: 25px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
23px; color: transparent;"></span>AACSB: <span unselectable="on" class="l"
style="margin-left: -14px; color:
transparent;">Value</span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 531px; top: 4567px; color:
transparent;">Creation</span></div>
<div unselectable="on" class="ff7" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 2142px; top: 5388px; wordspacing: 8px; color: transparent;">TB 8-5</span></div>
</div>
</div>
</div><div style="z-index: 8; display: block;"
class="autogen_class_views_pdfs_page_blur_promo
autogen_class_widgets_base"><div class="page_blur_promo_overlay"></div><div
class="page_blur_promo"><h2>You're Reading a Free Preview</h2><p
class="gap">Page 5 is not shown in this preview.</p><a
class="missing_page_buy_button download
flat_btn">Download</a></div></div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 7],
"pageNum": 5};

pageParams.containerElem = document.getElementById("outer_page_5");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/5-bb55ac78aa.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div unselectable="on" class="outer_page only_ie6_border " id="outer_page_6"


style="width: 1000px; height: 1294px;">

<div unselectable="on" class="b_tl"></div>


<div unselectable="on" class="b_tr"></div>
<div unselectable="on" class="b_br"></div>
<div unselectable="on" class="b_bl"></div>
<div unselectable="on" class="b_t"></div>
<div unselectable="on" class="b_r"></div>
<div unselectable="on" class="b_b"></div>
<div unselectable="on" class="b_l"></div>

<div unselectable="on" class="newpage" id="page6" style="width: 902px;


height: 1167px; display: block; transform: scale(1.10865); transform-origin: left top
0px;">
<div unselectable="on" class="text_layer" style="z-index: 2; color: transparent;
text-shadow: 0px 0px 70px black;"><div unselectable="on" class="ie_fix">
&nbsp;
<div unselectable="on" class="ff1" style="font-size: 116px; color: transparent;">
<span unselectable="on" class="a" style="left: 487px; top: 378px; letter-spacing:
-4px; color: transparent;">&nbsp;Acquisition of an Existing Business</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 746px; word-spacing:
-5px; letter-spacing: 1px; color: transparent;">15.<span unselectable="on"
class="w" style="width: 60px; color: transparent;"></span>The most popu<span
unselectable="on" class="l7">lar strate<span unselectable="on" class="l6">gy for
enteri<span unselectable="on" class="l6">ng new busine<span unselectable="on"
class="l7">sses and accomp<span unselectable="on" class="l8">lishi<span
unselectable="on" class="l7">ng divers<span unselectable="on"
class="l6">ifica<span unselectable="on" class="l6">tion

is</span></span></span></span></span></span></span></span></span><sp
an unselectable="on" class="a" style="left: 531px; top: 839px; word-spacing: 3px;
color: transparent;">A)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>forming a <span unselectable="on" class="l7">joint
v<span unselectable="on" class="l6">enture with <span unselectable="on"
class="l9">another compan<span unselectable="on" class="l6">y to <span
unselectable="on" class="l6">enter th<span unselectable="on" class="l6">e
target <span unselectable="on"
class="l6">industry.</span></span></span></span></span></span></span></
span><span unselectable="on" class="a" style="left: 531px; top: 932px; wordspacing: -2px; letter-spacing: 3px; color: transparent;">B)<span unselectable="on"
class="w" style="width: 51px; color: transparent;"></span>in<span
unselectable="on" class="l8">te<span unselectable="on" class="l6">rn<span
unselectable="on" class="l6">al <span unselectable="on" class="l7">st<span
unselectable="on" class="l7">ar<span unselectable="on" class="l7">tu<span
unselectable="on"
class="l6">p.</span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 1025px; word-spacing:
-4px; letter-spacing: 1px; color: transparent;">C)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>acqui<span
unselectable="on" class="l7">sitio<span unselectable="on" class="l7">n of an
existin<span unselectable="on" class="l6">g busin<span unselectable="on"
class="l6">ess alrea<span unselectable="on" class="l6">dy in the chos<span
unselectable="on" class="l6">en indus<span unselectable="on"
class="l6">try.</span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 531px; top: 1119px; wordspacing: 3px; color: transparent;">D)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>forming a <span
unselectable="on" class="l7">strategic a<span unselectable="on"
class="l6">lliance wi<span unselectable="on" class="l6">th another <span
unselectable="on" class="l7">company t<span unselectable="on" class="l6">o
enter <span unselectable="on" class="l7">the target <span unselectable="on"
class="l8">industry.</span></span></span></span></span></span></span></
span><span unselectable="on" class="a" style="left: 531px; top: 1211px; wordspacing: 2px; color: transparent;">E)<span unselectable="on" class="w"
style="width: 61px; color: transparent;"></span>None of <span unselectable="on"
class="l6">the above&mdash;strateg<span unselectable="on" class="l6">ic
alliances <span unselectable="on" class="l6">and joint <span unselectable="on"
class="l7">ventures are <span unselectable="on" class="l6">equally pop<span
unselectable="on" class="l6">ular and rank <span unselectable="on"
class="l8">well ahead <span unselectable="on"
class="l6">of&nbsp;</span></span></span></span></span></span></span><
/span></span><span unselectable="on" class="a" style="left: 669px; top:
1305px; word-spacing: -2px; color: transparent;">acquisition and internal start-up in
terms of frequency of <span unselectable="on"
class="w6"></span>use.</span></div>

<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">


<span unselectable="on" class="a" style="left: 531px; top: 1493px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: C</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 1492px; word-spacing:
14px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -14px; color: transparent;">243 <span unselectable="on" class="w"
style="width: 25px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -16px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-17px; color: transparent;">1 <span unselectable="on" class="w" style="width:
26px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -17px; color: transparent;">Easy <span unselectable="on"
class="w" style="width: 25px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
23px; color: transparent;"></span>AACSB: <span unselectable="on" class="l"
style="margin-left: -15px; color:
transparent;">Value</span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 531px; top: 1584px; color:
transparent;">Creation</span><span unselectable="on" class="a" style="left:
366px; top: 1771px; word-spacing: 2px; color: transparent;">16.<span
unselectable="on" class="w" style="width: 63px; color:
transparent;"></span>Acquisition <span unselectable="on" class="l7">of an
exist<span unselectable="on" class="l6">ing business <span unselectable="on"
class="l8">is an at<span unselectable="on" class="l6">tractive strategy <span
unselectable="on" class="l7">option for <span unselectable="on"
class="l7">entering a p<span unselectable="on" class="l6">romising new <span
unselectable="on" class="l7">industry b<span unselectable="on"
class="l6">ecause</span></span></span></span></span></span></span></s
pan></span></span><span unselectable="on" class="a" style="left: 531px; top:
1864px; color: transparent;">it</span><span unselectable="on" class="a"
style="left: 531px; top: 1957px; word-spacing: 1px; color: transparent;">A)<span
unselectable="on" class="w" style="width: 52px; color: transparent;"></span>is
an effective w<span unselectable="on" class="l6">ay to hurdle en<span
unselectable="on" class="l6">try barriers, is usu<span unselectable="on"
class="l6">ally quicker t<span unselectable="on" class="l6">han trying to <span
unselectable="on" class="l6">launch a brand-new <span unselectable="on"
class="l6">startup</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 2051px; word-spacing: -2px;
color: transparent;">operation, and allows the acquirer to move <span
unselectable="on" class="w6"></span>directly to the task of building a <span
unselectable="on" class="w6"></span>strong position in the target</span><span
unselectable="on" class="a" style="left: 669px; top: 2144px; color:

transparent;">industry.</span><span unselectable="on" class="a" style="left:


531px; top: 2237px; word-spacing: 2px; color: transparent;">B)<span
unselectable="on" class="w" style="width: 57px; color: transparent;"></span>is
less <span unselectable="on" class="l6">expensive than <span unselectable="on"
class="l8">launching a <span unselectable="on" class="l6">new start-up <span
unselectable="on" class="l8">operation, thus <span unselectable="on"
class="l7">passing the <span unselectable="on" class="l7">cost-of-entry t<span
unselectable="on"
class="l6">est.</span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 531px; top: 2330px; wordspacing: -2px; letter-spacing: 1px; color: transparent;">C)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>is a less <span
unselectable="on" class="l6">risky w<span unselectable="on" class="l7">ay of
pas<span unselectable="on" class="l6">sing t<span unselectable="on"
class="l6">he attr<span unselectable="on" class="l6">activ<span
unselectable="on" class="l7">eness t<span unselectable="on"
class="l6">est.</span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 531px; top: 2424px; wordspacing: 1px; color: transparent;">D)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>is more likely <span
unselectable="on" class="l6">to result in <span unselectable="on"
class="l6">passing the s<span unselectable="on" class="l6">hareholder value
te<span unselectable="on" class="l6">st, the profitabi<span unselectable="on"
class="l6">lity test, and th<span unselectable="on" class="l6">e better-off
test<span unselectable="on"
class="l6">.</span></span></span></span></span></span></span></span><
span unselectable="on" class="a" style="left: 531px; top: 2517px; word-spacing:
2px; color: transparent;">E)<span unselectable="on" class="w" style="width:
61px; color: transparent;"></span>offers the <span unselectable="on"
class="l6">prospect of <span unselectable="on" class="l6">gaining an <span
unselectable="on" class="l6">immediate compe<span unselectable="on"
class="l6">titive advantag<span unselectable="on" class="l6">e in the <span
unselectable="on" class="l7">new indust<span unselectable="on" class="l6">ry
and thus <span unselectable="on" class="l8">helps
ensure</span></span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 669px; top: 2610px; wordspacing: -2px; color: transparent;">that the diversification move will pass the
competitive advantage test for building shareholder value.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 2798px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: A</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 2797px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="margin-

left: -15px; color: transparent;">243 <span unselectable="on" class="w"


style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">1 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 2889px; word-spacing:
-3px; color: transparent;">Value Creation</span></div>
<div unselectable="on" class="ff1" style="font-size: 116px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 3170px; word-spacing:
-1px; letter-spacing: -4px; color: transparent;">Internal Start-Up</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 3537px; word-spacing:
2px; color: transparent;">17.<span unselectable="on" class="w" style="width:
63px; color: transparent;"></span>Internal start-u<span unselectable="on"
class="l6">p of a <span unselectable="on" class="l6">new business <span
unselectable="on" class="l7">subsidiary <span unselectable="on" class="l6">can
be a <span unselectable="on" class="l6">more attractive <span
unselectable="on" class="l7">means of ent<span unselectable="on"
class="l6">ering a desi<span unselectable="on" class="l6">rable new bu<span
unselectable="on"
class="l6">siness</span></span></span></span></span></span></span></sp
an></span></span><span unselectable="on" class="a" style="left: 531px; top:
3631px; word-spacing: -2px; color: transparent;">than is acquiring an existing firm
already in <span unselectable="on" class="w6"></span>the targeted industry
when</span><span unselectable="on" class="a" style="left: 531px; top: 3724px;
word-spacing: 1px; color: transparent;">A)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>the company has <span
unselectable="on" class="l6">ample time and adeq<span unselectable="on"
class="l6">uate resources to <span unselectable="on" class="l7">launch the new
i<span unselectable="on" class="l6">nternal start-up <span unselectable="on"
class="l6">business from t<span unselectable="on"
class="l6">he</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 3817px; word-spacing: -4px;
color: transparent;">ground up.</span><span unselectable="on" class="a"
style="left: 531px; top: 3910px; word-spacing: -2px; letter-spacing: 1px; color:
transparent;">B)<span unselectable="on" class="w" style="width: 55px; color:
transparent;"></span>there i<span unselectable="on" class="l7">s a small

p<span unselectable="on" class="l6">ool of d<span unselectable="on"


class="l6">esirab<span unselectable="on" class="l7">le acqu<span
unselectable="on" class="l6">isit<span unselectable="on" class="l6">ion
can<span unselectable="on" class="l6">dida<span unselectable="on"
class="l6">tes.</span></span></span></span></span></span></span></span
></span><span unselectable="on" class="a" style="left: 531px; top: 4004px;
word-spacing: 2px; color: transparent;">C)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>the target <span
unselectable="on" class="l6">industry i<span unselectable="on" class="l6">s
growing <span unselectable="on" class="l7">rapidly and <span unselectable="on"
class="l6">no good <span unselectable="on" class="l6">joint vent<span
unselectable="on" class="l6">ure partners a<span unselectable="on"
class="l6">re
available.</span></span></span></span></span></span></span></span><sp
an unselectable="on" class="a" style="left: 531px; top: 4097px; word-spacing:
-4px; letter-spacing: 1px; color: transparent;">D)<span unselectable="on"
class="w" style="width: 50px; color: transparent;"></span>all of the pote<span
unselectable="on" class="l6">ntia<span unselectable="on" class="l6">l
acquis<span unselectable="on" class="l6">itio<span unselectable="on"
class="l6">n candida<span unselectable="on" class="l7">tes are losi<span
unselectable="on" class="l6">ng money<span unselectable="on"
class="l6">.</span></span></span></span></span></span></span></span><
span unselectable="on" class="a" style="left: 531px; top: 4190px; word-spacing:
-5px; letter-spacing: 1px; color: transparent;">E)<span unselectable="on"
class="w" style="width: 59px; color: transparent;"></span>the targe<span
unselectable="on" class="l6">t indust<span unselectable="on" class="l6">ry is
comprise<span unselectable="on" class="l6">d of several relat<span
unselectable="on" class="l7">ively lar<span unselectable="on" class="l6">ge and
well-es<span unselectable="on" class="l7">tabli<span unselectable="on"
class="l7">shed firms<span unselectable="on"
class="l7">.</span></span></span></span></span></span></span></span><
/span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 4378px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: A</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 4377px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">243 <span unselectable="on" class="w"
style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">1 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"

style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"


class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 4469px; word-spacing:
-3px; color: transparent;">Value Creation</span></div>
<div unselectable="on" class="ff7" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 2142px; top: 5388px; wordspacing: 8px; color: transparent;">TB 8-6</span></div>
</div>
</div>
</div><div style="z-index: 8; display: block;"
class="autogen_class_views_pdfs_page_blur_promo
autogen_class_widgets_base"><div class="page_blur_promo_overlay"></div><div
class="page_blur_promo"><h2>You're Reading a Free Preview</h2><p
class="gap">Page 6 is not shown in this preview.</p><a
class="missing_page_buy_button download
flat_btn">Download</a></div></div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 0, 7],
"pageNum": 6};

pageParams.containerElem = document.getElementById("outer_page_6");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/6-f97e05020e.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div unselectable="on" class="outer_page only_ie6_border " id="outer_page_7"


style="width: 1000px; height: 1294px;">

<div unselectable="on" class="b_tl"></div>


<div unselectable="on" class="b_tr"></div>
<div unselectable="on" class="b_br"></div>
<div unselectable="on" class="b_bl"></div>
<div unselectable="on" class="b_t"></div>
<div unselectable="on" class="b_r"></div>
<div unselectable="on" class="b_b"></div>
<div unselectable="on" class="b_l"></div>

<div unselectable="on" class="newpage" id="page7" style="width: 902px;


height: 1167px; display: block; transform: scale(1.10865); transform-origin: left top
0px;">
<div unselectable="on" class="text_layer" style="z-index: 2; color: transparent;
text-shadow: 0px 0px 70px black;"><div unselectable="on" class="ie_fix">
&nbsp;
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 284px; word-spacing:
-2px; letter-spacing: 2px; color: transparent;">18.<span unselectable="on"
class="w" style="width: 57px; color: transparent;"></span>Whi<span
unselectable="on" class="l7">ch o<span unselectable="on" class="l7">ne o<span
unselectable="on" class="l7">f th<span unselectable="on" class="l7">e fo<span
unselectable="on" class="l6">llo<span unselectable="on" class="l7">win<span
unselectable="on" class="l8">g
is</span></span></span></span></span></span></span></span></div>
<div unselectable="on" class="ff5" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 1522px; top: 284px; color:
transparent;">not&nbsp;</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 1646px; top: 284px; word-spacing:
-2px; color: transparent;">a factor that makes it <span unselectable="on"
class="w7"></span>appealing to diversify into a new industry by forming

an</span><span unselectable="on" class="a" style="left: 531px; top: 377px;


word-spacing: -2px; color: transparent;">internal start-up subsidiary to enter and
compete in the target <span unselectable="on" class="w6"></span>industry?
</span><span unselectable="on" class="a" style="left: 531px; top: 471px; wordspacing: -3px; letter-spacing: 1px; color: transparent;">A)<span unselectable="on"
class="w" style="width: 50px; color: transparent;"></span>When in<span
unselectable="on" class="l6">terna<span unselectable="on" class="l6">l entry is
c<span unselectable="on" class="l6">heaper th<span unselectable="on"
class="l8">an entry vi<span unselectable="on" class="l6">a acquis<span
unselectable="on" class="l7">itio<span unselectable="on"
class="l6">n.</span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 564px; word-spacing:
2px; color: transparent;">B)<span unselectable="on" class="w" style="width:
57px; color: transparent;"></span>When a co<span unselectable="on"
class="l6">mpany possesse<span unselectable="on" class="l6">s the sk<span
unselectable="on" class="l6">ills and re<span unselectable="on"
class="l6">sources to <span unselectable="on" class="l6">overcome entry <span
unselectable="on" class="l6">barriers and <span unselectable="on"
class="l6">there is <span unselectable="on" class="l6">ample time
to</span></span></span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 669px; top: 657px; word-spacing:
-2px; color: transparent;">launch the business and compete
effectively.</span><span unselectable="on" class="a" style="left: 531px; top:
750px; word-spacing: 2px; color: transparent;">C)<span unselectable="on"
class="w" style="width: 57px; color: transparent;"></span>When adding <span
unselectable="on" class="l8">new productio<span unselectable="on"
class="l6">n capacity <span unselectable="on" class="l6">will not <span
unselectable="on" class="l6">adversely imp<span unselectable="on"
class="l6">act the sup<span unselectable="on" class="l6">ply demand <span
unselectable="on" class="l6">balance in <span unselectable="on" class="l6">the
industry</span></span></span></span></span></span></span></span></spa
n><span unselectable="on" class="a" style="left: 649px; top: 844px; wordspacing: -4px; color: transparent;">&nbsp;by creating <span unselectable="on"
class="w6"></span>oversupply conditions</span><span unselectable="on"
class="a" style="left: 531px; top: 937px; word-spacing: 1px; color:
transparent;">D)<span unselectable="on" class="w" style="width: 52px; color:
transparent;"></span>When the ind<span unselectable="on" class="l6">ustry is
grow<span unselectable="on" class="l6">ing rapidly and <span unselectable="on"
class="l6">the target indu<span unselectable="on" class="l6">stry is
compris<span unselectable="on" class="l6">ed of several relat<span
unselectable="on" class="l6">ively large and w<span unselectable="on"
class="l6">ell</span></span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 1030px; word-spacing: -4px;
color: transparent;">established firms</span><span unselectable="on" class="a"
style="left: 531px; top: 1123px; word-spacing: 2px; color: transparent;">E)<span
unselectable="on" class="w" style="width: 61px; color:

transparent;"></span>When incu<span unselectable="on" class="l6">mbent firms


are <span unselectable="on" class="l6">likely to <span unselectable="on"
class="l7">be slow <span unselectable="on" class="l6">or ineffective <span
unselectable="on" class="l6">in combatin<span unselectable="on" class="l6">g a
new <span unselectable="on" class="l6">entrants efforts <span
unselectable="on" class="l8">to crack th<span unselectable="on"
class="l6">e</span></span></span></span></span></span></span></span>
</span></span><span unselectable="on" class="a" style="left: 669px; top:
1217px; color: transparent;">market</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 1404px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: D</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 1403px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">243 <span unselectable="on" class="w"
style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">1 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 1496px; word-spacing:
-3px; color: transparent;">Value Creation</span><span unselectable="on"
class="a" style="left: 366px; top: 1682px; word-spacing: 2px; color:
transparent;">19.<span unselectable="on" class="w" style="width: 63px; color:
transparent;"></span>Diversifying <span unselectable="on" class="l6">into a
n<span unselectable="on" class="l6">ew industry <span unselectable="on"
class="l7">by forming <span unselectable="on" class="l6">a new int<span
unselectable="on" class="l6">ernal subsid<span unselectable="on"
class="l6">iary to en<span unselectable="on" class="l6">ter and compet<span
unselectable="on" class="l6">e in the <span unselectable="on" class="l6">target
indu<span unselectable="on"
class="l6">stry</span></span></span></span></span></span></span></span
></span></span></span><span unselectable="on" class="a" style="left: 531px;
top: 1776px; word-spacing: -2px; color: transparent;">is attractive
when</span><span unselectable="on" class="a" style="left: 531px; top: 1869px;
word-spacing: -4px; letter-spacing: 1px; color: transparent;">A)<span
unselectable="on" class="w" style="width: 50px; color: transparent;"></span>all

of the pote<span unselectable="on" class="l6">ntia<span unselectable="on"


class="l6">l acquis<span unselectable="on" class="l6">itio<span
unselectable="on" class="l6">n candida<span unselectable="on" class="l7">tes
are losi<span unselectable="on" class="l6">ng money<span unselectable="on"
class="l6">.</span></span></span></span></span></span></span></span><
span unselectable="on" class="a" style="left: 531px; top: 1962px; word-spacing:
2px; color: transparent;">B)<span unselectable="on" class="w" style="width:
57px; color: transparent;"></span>it is i<span unselectable="on"
class="l6">mpractical to <span unselectable="on" class="l6">outsource
mos<span unselectable="on" class="l6">t of the <span unselectable="on"
class="l7">value chain <span unselectable="on" class="l6">activities t<span
unselectable="on" class="l6">hat have to <span unselectable="on" class="l8">be
performed in <span unselectable="on" class="l8">the
target</span></span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 649px; top: 2055px; color:
transparent;">&nbsp;business/industry.</span><span unselectable="on" class="a"
style="left: 531px; top: 2149px; word-spacing: 2px; color: transparent;">C)<span
unselectable="on" class="w" style="width: 57px; color:
transparent;"></span>there is a<span unselectable="on" class="l6">mple time to
<span unselectable="on" class="l7">launch the <span unselectable="on"
class="l7">new busines<span unselectable="on" class="l6">s from the <span
unselectable="on" class="l6">ground up <span unselectable="on" class="l7">and
entry <span unselectable="on" class="l6">barriers can b<span unselectable="on"
class="l6">e hurdled a<span unselectable="on"
class="l6">t</span></span></span></span></span></span></span></span>
</span></span><span unselectable="on" class="a" style="left: 669px; top:
2242px; word-spacing: -4px; color: transparent;">acceptable cost.</span><span
unselectable="on" class="a" style="left: 531px; top: 2335px; word-spacing: 2px;
color: transparent;">D)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>the company <span unselectable="on"
class="l6">has built <span unselectable="on" class="l8">up a hoard <span
unselectable="on" class="l7">of cash w<span unselectable="on" class="l6">ith
which <span unselectable="on" class="l6">to finance <span unselectable="on"
class="l6">a diversificat<span unselectable="on" class="l6">ion
effort.</span></span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 531px; top: 2428px; word-spacing: 3px;
color: transparent;">E)<span unselectable="on" class="w" style="width: 61px;
color: transparent;"></span>none of <span unselectable="on" class="l7">the
compan<span unselectable="on" class="l6">ies already <span unselectable="on"
class="l7">in the <span unselectable="on" class="l8">industry <span
unselectable="on" class="l6">are attractive <span unselectable="on"
class="l7">strategic <span unselectable="on" class="l6">alliance partn<span
unselectable="on"
class="l6">ers.</span></span></span></span></span></span></span></span
></span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">

<span unselectable="on" class="a" style="left: 531px; top: 2616px; word-spacing:


1px; letter-spacing: -1px; color: transparent;">Answer: C</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 2615px; word-spacing:
14px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -14px; color: transparent;">243 <span unselectable="on" class="w"
style="width: 25px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -16px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-17px; color: transparent;">1 <span unselectable="on" class="w" style="width:
26px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -17px; color: transparent;">Easy <span unselectable="on"
class="w" style="width: 25px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
23px; color: transparent;"></span>AACSB: <span unselectable="on" class="l"
style="margin-left: -15px; color:
transparent;">Value</span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 531px; top: 2708px; color:
transparent;">Creation</span></div>
<div unselectable="on" class="ff1" style="font-size: 116px; color: transparent;">
<span unselectable="on" class="a" style="left: 487px; top: 2988px; word-spacing:
1px; letter-spacing: -4px; color: transparent;">&nbsp;Joint Ventures</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 3356px; word-spacing:
-3px; letter-spacing: 1px; color: transparent;">20.<span unselectable="on"
class="w" style="width: 60px; color: transparent;"></span>A joint v<span
unselectable="on" class="l6">entur<span unselectable="on" class="l7">e is an
attrac<span unselectable="on" class="l6">tive wa<span unselectable="on"
class="l6">y for a compan<span unselectable="on" class="l6">y to enter a new
in<span unselectable="on" class="l7">dust<span unselectable="on"
class="l6">ry
when</span></span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 531px; top: 3449px; word-spacing: 1px;
color: transparent;">A)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>a firm is missin<span unselectable="on" class="l6">g
some essential <span unselectable="on" class="l6">skills or capab<span
unselectable="on" class="l6">ilities or resou<span unselectable="on"
class="l6">rces and needs a <span unselectable="on" class="l6">partner to
supp<span unselectable="on" class="l6">ly the
missing</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 3542px; word-spacing: -2px;
color: transparent;">expertise and competencies or fill the resource <span

unselectable="on" class="w6"></span>gaps.</span><span unselectable="on"


class="a" style="left: 531px; top: 3635px; word-spacing: 2px; color:
transparent;">B)<span unselectable="on" class="w" style="width: 57px; color:
transparent;"></span>it needs <span unselectable="on" class="l6">access to
e<span unselectable="on" class="l6">conomies of s<span unselectable="on"
class="l6">cope and g<span unselectable="on" class="l6">ood financia<span
unselectable="on" class="l6">l fits in <span unselectable="on" class="l7">order
to b<span unselectable="on" class="l6">e cost-competitiv<span
unselectable="on"
class="l6">e.</span></span></span></span></span></span></span></span>
</span><span unselectable="on" class="a" style="left: 531px; top: 3729px; wordspacing: -4px; letter-spacing: 1px; color: transparent;">C)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>it is unecon<span
unselectable="on" class="l7">omic<span unselectable="on" class="l6">al for the
firm to achi<span unselectable="on" class="l6">eve econo<span
unselectable="on" class="l6">mies of scop<span unselectable="on" class="l7">e
on its own initi<span unselectable="on" class="l6">ative<span unselectable="on"
class="l7">.</span></span></span></span></span></span></span></span><
span unselectable="on" class="a" style="left: 531px; top: 3822px; word-spacing:
-3px; letter-spacing: 1px; color: transparent;">D)<span unselectable="on"
class="w" style="width: 50px; color: transparent;"></span>the firm h<span
unselectable="on" class="l6">as no prio<span unselectable="on" class="l6">r
experi<span unselectable="on" class="l6">ence wi<span unselectable="on"
class="l6">th dive<span unselectable="on" class="l6">rsifi<span
unselectable="on" class="l6">catio<span unselectable="on"
class="l6">n.</span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 3915px; word-spacing:
-3px; letter-spacing: 1px; color: transparent;">E)<span unselectable="on"
class="w" style="width: 59px; color: transparent;"></span>it has not b<span
unselectable="on" class="l6">uilt up a ho<span unselectable="on" class="l6">ard
of cash w<span unselectable="on" class="l7">ith whi<span unselectable="on"
class="l6">ch to finan<span unselectable="on" class="l7">ce a divers<span
unselectable="on" class="l6">ifica<span unselectable="on" class="l6">tion
ef<span unselectable="on"
class="l6">fort.</span></span></span></span></span></span></span></spa
n></span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 4103px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: A</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 4102px; word-spacing:
10px; color: transparent;">Page: <span unselectable="on" class="l10">243 <span
unselectable="on" class="l12">- <span unselectable="on" class="l10">244 <span
unselectable="on" class="w" style="width: 30px; color:

transparent;"></span>Learning <span unselectable="on" class="l12">Objective:


<span unselectable="on" class="l" style="margin-left: -13px; color:
transparent;">1 <span unselectable="on" class="w" style="width: 30px; color:
transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -13px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 29px; color: transparent;"></span>Taxonomy: <span
unselectable="on"
class="l12">Comprehension</span></span></span></span></span></span></
span></span><span unselectable="on" class="a" style="left: 531px; top: 4195px;
word-spacing: -2px; color: transparent;">AACSB: Value Creation</span></div>
<div unselectable="on" class="ff7" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 2142px; top: 5388px; wordspacing: 8px; color: transparent;">TB 8-7</span></div>
</div>
</div>
<div unselectable="on" class="image_layer" style="z-index: 1">
<div unselectable="on" class="ie_fix">
<img unselectable="on" src="https://html1f.scribdassets.com/4ogdemram81f7w5s/images/7-bb859a6731.jpg" class="absimg"
style="left: 302px; top: 67px; width: 24px; height: 3px; clip: rect(1px, 23px, 2px,
1px); display: block;">
</div>
</div>
</div><div style="z-index: 8; display: block;"
class="autogen_class_views_pdfs_page_blur_promo
autogen_class_widgets_base"><div class="page_blur_promo_overlay"></div><div
class="page_blur_promo"><h2>You're Reading a Free Preview</h2><p
class="gap">Page 7 is not shown in this preview.</p><a
class="missing_page_buy_button download
flat_btn">Download</a></div></div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 5, 0, 1,
7], "pageNum": 7};

pageParams.containerElem = document.getElementById("outer_page_7");

pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/7-bb859a6731.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div unselectable="on" class="outer_page only_ie6_border not_visible"


id="outer_page_8" style="width: 1000px; height: 1294px;">

<div unselectable="on" class="b_tl"></div>


<div unselectable="on" class="b_tr"></div>
<div unselectable="on" class="b_br"></div>
<div unselectable="on" class="b_bl"></div>
<div unselectable="on" class="b_t"></div>
<div unselectable="on" class="b_r"></div>
<div unselectable="on" class="b_b"></div>
<div unselectable="on" class="b_l"></div>

<div unselectable="on" class="newpage" id="page8" style="width: 902px;


height: 1167px; display: none; transform: scale(1.10865); transform-origin: left top
0px;">
<div unselectable="on" class="text_layer" style="z-index: 2; color: transparent;
text-shadow: 0px 0px 70px black;"><div unselectable="on" class="ie_fix">
&nbsp;
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 284px; word-spacing:
-3px; letter-spacing: 1px; color: transparent;">21.<span unselectable="on"
class="w" style="width: 60px; color: transparent;"></span>A joint v<span
unselectable="on" class="l6">entur<span unselectable="on" class="l7">e is an

attrac<span unselectable="on" class="l6">tive wa<span unselectable="on"


class="l6">y for a compan<span unselectable="on" class="l6">y to enter a new
in<span unselectable="on" class="l7">dust<span unselectable="on"
class="l6">ry
when</span></span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 531px; top: 377px; word-spacing: 2px;
color: transparent;">A)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>the pool <span unselectable="on" class="l7">of
attractive <span unselectable="on" class="l6">acquisition <span
unselectable="on" class="l6">candidates in <span unselectable="on"
class="l7">the target <span unselectable="on" class="l6">industry i<span
unselectable="on" class="l6">s relatively <span unselectable="on"
class="l6">small.</span></span></span></span></span></span></span></sp
an><span unselectable="on" class="a" style="left: 531px; top: 471px; wordspacing: -3px; letter-spacing: 1px; color: transparent;">B)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>it need<span
unselectable="on" class="l6">s bette<span unselectable="on" class="l6">r access
to ec<span unselectable="on" class="l6">onomi<span unselectable="on"
class="l7">es of scope in o<span unselectable="on" class="l6">rder to be
cos<span unselectable="on" class="l7">t-com<span unselectable="on"
class="l6">petit<span unselectable="on"
class="l7">ive.</span></span></span></span></span></span></span></span
></span><span unselectable="on" class="a" style="left: 531px; top: 564px; wordspacing: 1px; color: transparent;">C)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>the industry <span
unselectable="on" class="l6">is growing s<span unselectable="on"
class="l6">lowly and add<span unselectable="on" class="l6">ing too much
cap<span unselectable="on" class="l6">acity too soon <span unselectable="on"
class="l6">could create over<span unselectable="on" class="l6">supply
condi<span unselectable="on"
class="l6">tions.</span></span></span></span></span></span></span></sp
an><span unselectable="on" class="a" style="left: 531px; top: 657px; wordspacing: 1px; color: transparent;">D)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>the firm has n<span
unselectable="on" class="l6">o prior experience <span unselectable="on"
class="l6">with diversificat<span unselectable="on" class="l6">ion and the
in<span unselectable="on" class="l6">dustry is on <span unselectable="on"
class="l6">the verge of exp<span unselectable="on" class="l6">losive
growth<span unselectable="on"
class="l6">.</span></span></span></span></span></span></span></span><
span unselectable="on" class="a" style="left: 531px; top: 750px; word-spacing:
2px; color: transparent;">E)<span unselectable="on" class="w" style="width:
61px; color: transparent;"></span>the opport<span unselectable="on"
class="l6">unity is <span unselectable="on" class="l6">too risky <span
unselectable="on" class="l6">or complex <span unselectable="on" class="l7">for
a company <span unselectable="on" class="l7">to pursue <span
unselectable="on" class="l7">alone, a compan<span unselectable="on"

class="l6">y lacks so<span unselectable="on" class="l6">me


important</span></span></span></span></span></span></span></span></s
pan><span unselectable="on" class="a" style="left: 669px; top: 844px; wordspacing: -2px; color: transparent;">resources or competencies and needs a partner
<span unselectable="on" class="w6"></span>to supply them, and/or a company
needs <span unselectable="on" class="w6"></span>a local partner
in</span><span unselectable="on" class="a" style="left: 669px; top: 937px; wordspacing: -2px; color: transparent;">order to enter a <span unselectable="on"
class="w6"></span>desirable business in a foreign country.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 1124px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: E</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 959px; top: 1123px; word-spacing:
12px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -13px; color: transparent;">243 <span unselectable="on" class="l"
style="margin-left: -13px; color: transparent;">- <span unselectable="on"
class="l12">244 <span unselectable="on" class="w" style="width: 28px; color:
transparent;"></span>Learning <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">Objective: <span unselectable="on" class="l"
style="margin-left: -15px; color: transparent;">1 <span unselectable="on"
class="w" style="width: 29px; color: transparent;"></span>Difficulty: <span
unselectable="on" class="l" style="margin-left: -15px; color: transparent;">Easy
<span unselectable="on" class="w" style="width: 27px; color:
transparent;"></span>Taxonomy: <span unselectable="on" class="l"
style="margin-left: -15px; color: transparent;">Comprehension <span
unselectable="on" class="w" style="width: 25px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
</span></span><span unselectable="on" class="a" style="left: 531px; top:
1217px; word-spacing: -3px; color: transparent;">Value Creation</span></div>
<div unselectable="on" class="ff1" style="font-size: 116px; color: transparent;">
<span unselectable="on" class="a" style="left: 266px; top: 1412px; word-spacing:
-1px; letter-spacing: -4px; color: transparent;">The Case for Diversifying into
Related Businesses</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 1789px; word-spacing:
-3px; letter-spacing: 1px; color: transparent;">22.<span unselectable="on"
class="w" style="width: 60px; color: transparent;"></span>The ess<span
unselectable="on" class="l6">entia<span unselectable="on" class="l6">l
requi<span unselectable="on" class="l6">rement fo<span unselectable="on"
class="l7">r differ<span unselectable="on" class="l6">ent bus<span
unselectable="on" class="l6">ines<span unselectable="on" class="l6">ses to be

"rel<span unselectable="on" class="l6">ated" is t<span unselectable="on"


class="l6">hat</span></span></span></span></span></span></span></span
></span></span><span unselectable="on" class="a" style="left: 531px; top:
1883px; word-spacing: 4px; color: transparent;">A)<span unselectable="on"
class="w" style="width: 52px; color: transparent;"></span>their <span
unselectable="on" class="l6">value cha<span unselectable="on" class="l6">ins
pos<span unselectable="on" class="l6">sess compe<span unselectable="on"
class="l6">titively <span unselectable="on" class="l6">valuable <span
unselectable="on" class="l7">cross-business <span unselectable="on"
class="l8">relationships.</span></span></span></span></span></span></spa
n></span><span unselectable="on" class="a" style="left: 531px; top: 1976px;
word-spacing: 2px; color: transparent;">B)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>the products <span
unselectable="on" class="l7">of the d<span unselectable="on" class="l6">ifferent
busin<span unselectable="on" class="l6">esses are bou<span unselectable="on"
class="l6">ght by mu<span unselectable="on" class="l6">ch the sam<span
unselectable="on" class="l6">e types of <span unselectable="on"
class="l7">buyers.</span></span></span></span></span></span></span></s
pan><span unselectable="on" class="a" style="left: 531px; top: 2069px; wordspacing: 2px; color: transparent;">C)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>the products <span
unselectable="on" class="l7">of the d<span unselectable="on" class="l6">ifferent
busin<span unselectable="on" class="l6">esses are so<span unselectable="on"
class="l6">ld in th<span unselectable="on" class="l6">e same types <span
unselectable="on" class="l7">of retail s<span unselectable="on"
class="l6">tores.</span></span></span></span></span></span></span></sp
an><span unselectable="on" class="a" style="left: 531px; top: 2162px; wordspacing: -2px; letter-spacing: 1px; color: transparent;">D)<span unselectable="on"
class="w" style="width: 50px; color: transparent;"></span>the bu<span
unselectable="on" class="l6">sine<span unselectable="on" class="l6">sses
ha<span unselectable="on" class="l6">ve seve<span unselectable="on"
class="l6">ral key s<span unselectable="on" class="l6">uppl<span
unselectable="on" class="l6">iers i<span unselectable="on" class="l6">n
common<span unselectable="on"
class="l7">.</span></span></span></span></span></span></span></span><
/span><span unselectable="on" class="a" style="left: 531px; top: 2256px; wordspacing: -3px; letter-spacing: 1px; color: transparent;">E)<span unselectable="on"
class="w" style="width: 59px; color: transparent;"></span>the pro<span
unselectable="on" class="l6">ducti<span unselectable="on" class="l7">ons
meth<span unselectable="on" class="l7">ods tha<span unselectable="on"
class="l6">t they emp<span unselectable="on" class="l6">loy bot<span
unselectable="on" class="l6">h entai<span unselectable="on" class="l6">l
econom<span unselectable="on" class="l7">ies of scal<span unselectable="on"
class="l6">e.</span></span></span></span></span></span></span></span>
</span></span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">

<span unselectable="on" class="a" style="left: 531px; top: 2444px; word-spacing:


1px; letter-spacing: -1px; color: transparent;">Answer: A</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 2442px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">244 <span unselectable="on" class="w"
style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">2 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 2535px; word-spacing:
-3px; color: transparent;">Value Creation</span><span unselectable="on"
class="a" style="left: 366px; top: 2723px; word-spacing: -4px; letter-spacing: 1px;
color: transparent;">23.<span unselectable="on" class="w" style="width: 60px;
color: transparent;"></span>Which of th<span unselectable="on" class="l6">e
follow<span unselectable="on" class="l6">ing is an impor<span
unselectable="on" class="l7">tant appe<span unselectable="on" class="l6">al of
a related div<span unselectable="on" class="l7">ersifi<span unselectable="on"
class="l6">catio<span unselectable="on" class="l7">n strate<span
unselectable="on" class="l6">gy?
</span></span></span></span></span></span></span></span></span><spa
n unselectable="on" class="a" style="left: 531px; top: 2816px; word-spacing: 3px;
color: transparent;">A)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>Related div<span unselectable="on"
class="l6">ersification <span unselectable="on" class="l6">is an <span
unselectable="on" class="l7">effective way <span unselectable="on"
class="l8">of capturing <span unselectable="on" class="l9">valuable finan<span
unselectable="on" class="l7">cial fit <span unselectable="on"
class="l7">benefits.</span></span></span></span></span></span></span></
span><span unselectable="on" class="a" style="left: 531px; top: 2909px; wordspacing: 3px; color: transparent;">B)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>Related div<span
unselectable="on" class="l6">ersification <span unselectable="on"
class="l6">offers more <span unselectable="on" class="l6">competitive <span
unselectable="on" class="l6">advantage <span unselectable="on"
class="l6">potential <span unselectable="on" class="l6">than does <span
unselectable="on" class="l8">unrelated <span unselectable="on"
class="l6">diversification.</span></span></span></span></span></span></sp

an></span></span><span unselectable="on" class="a" style="left: 531px; top:


3002px; word-spacing: 2px; color: transparent;">C)<span unselectable="on"
class="w" style="width: 57px; color: transparent;"></span>Related divers<span
unselectable="on" class="l6">ification offers <span unselectable="on"
class="l6">significant <span unselectable="on" class="l6">opportunities <span
unselectable="on" class="l7">to strongly <span unselectable="on"
class="l8">differentiate a <span unselectable="on" class="l6">companys
produ<span unselectable="on" class="l6">ct
offerings</span></span></span></span></span></span></span></span><spa
n unselectable="on" class="a" style="left: 669px; top: 3096px; word-spacing: -2px;
color: transparent;">from those of rivals.</span><span unselectable="on"
class="a" style="left: 531px; top: 3189px; word-spacing: 1px; color:
transparent;">D)<span unselectable="on" class="w" style="width: 52px; color:
transparent;"></span>Related diversificat<span unselectable="on" class="l6">ion
is more lik<span unselectable="on" class="l6">ely to pass t<span
unselectable="on" class="l6">he cost-of-entry tes<span unselectable="on"
class="l6">t and the capi<span unselectable="on" class="l6">tal gains test <span
unselectable="on" class="l6">than
unrelated</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 3282px; color:
transparent;">diversification.</span><span unselectable="on" class="a"
style="left: 531px; top: 3375px; word-spacing: 2px; color: transparent;">E)<span
unselectable="on" class="w" style="width: 61px; color:
transparent;"></span>Related divers<span unselectable="on" class="l6">ification
is <span unselectable="on" class="l6">typically <span unselectable="on"
class="l6">more profitable <span unselectable="on" class="l6">than
unrelat<span unselectable="on" class="l6">ed diversificatio<span
unselectable="on" class="l6">n, which i<span unselectable="on" class="l6">s a
major <span unselectable="on" class="l6">factor
in</span></span></span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 669px; top: 3469px; word-spacing:
-3px; color: transparent;">helping related diversification pass the attractiveness
test.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 3657px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: B</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 959px; top: 3655px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -16px; color: transparent;">244 <span unselectable="on" class="w"
style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -16px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">2 <span unselectable="on" class="w" style="width:

25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"


style="margin-left: -19px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 3748px; word-spacing:
-3px; color: transparent;">Value Creation</span><span unselectable="on"
class="a" style="left: 366px; top: 3934px; word-spacing: -5px; letter-spacing: 2px;
color: transparent;">24.<span unselectable="on" class="w" style="width: 57px;
color: transparent;"></span>Bus<span unselectable="on" class="l7">ine<span
unselectable="on" class="l7">sse<span unselectable="on" class="l7">s are
sa<span unselectable="on" class="l6">id to b<span unselectable="on"
class="l6">e "rel<span unselectable="on" class="l7">ate<span unselectable="on"
class="l7">d" wh<span unselectable="on"
class="l6">en</span></span></span></span></span></span></span></span
></span><span unselectable="on" class="a" style="left: 531px; top: 4028px;
word-spacing: -4px; letter-spacing: 1px; color: transparent;">A)<span
unselectable="on" class="w" style="width: 50px; color:
transparent;"></span>they hav<span unselectable="on" class="l6">e several
ke<span unselectable="on" class="l6">y suppl<span unselectable="on"
class="l6">iers and sev<span unselectable="on" class="l6">eral key cus<span
unselectable="on" class="l6">tomers in co<span unselectable="on"
class="l6">mmon.</span></span></span></span></span></span></span><sp
an unselectable="on" class="a" style="left: 531px; top: 4121px; word-spacing:
-2px; letter-spacing: 1px; color: transparent;">B)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>thei<span
unselectable="on" class="l6">r value c<span unselectable="on" class="l6">hains
h<span unselectable="on" class="l7">ave the s<span unselectable="on"
class="l6">ame num<span unselectable="on" class="l6">ber of pr<span
unselectable="on" class="l6">imary ac<span unselectable="on"
class="l7">tivi<span unselectable="on"
class="l6">ties.</span></span></span></span></span></span></span></spa
n></span><span unselectable="on" class="a" style="left: 531px; top: 4214px;
word-spacing: -1px; letter-spacing: 1px; color: transparent;">C)<span
unselectable="on" class="w" style="width: 55px; color:
transparent;"></span>thei<span unselectable="on" class="l6">r prod<span
unselectable="on" class="l6">ucts a<span unselectable="on" class="l6">re
bot<span unselectable="on" class="l6">h sol<span unselectable="on"
class="l6">d thro<span unselectable="on" class="l6">ugh re<span
unselectable="on" class="l6">tail<span unselectable="on"
class="l6">ers.</span></span></span></span></span></span></span></span
></span><span unselectable="on" class="a" style="left: 531px; top: 4307px;
word-spacing: 2px; color: transparent;">D)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>their value <span
unselectable="on" class="l7">chains posses<span unselectable="on" class="l6">s

competitive<span unselectable="on" class="l6">ly valuable <span


unselectable="on" class="l6">cross-business <span unselectable="on"
class="l6">relationships <span unselectable="on" class="l7">that present <span
unselectable="on" class="l6">opportunities <span unselectable="on"
class="l7">to</span></span></span></span></span></span></span></span>
</span><span unselectable="on" class="a" style="left: 669px; top: 4401px; wordspacing: -2px; color: transparent;">transfer resources from one business to another,
combine similar <span unselectable="on" class="w6"></span>activities and
reduce costs, share use of <span unselectable="on"
class="w6"></span>a</span><span unselectable="on" class="a" style="left:
669px; top: 4494px; word-spacing: -2px; color: transparent;">well-known brand
name, and/or create mutually useful resource strengths and
capabilities.</span><span unselectable="on" class="a" style="left: 531px; top:
4587px; word-spacing: -3px; letter-spacing: 1px; color: transparent;">E)<span
unselectable="on" class="w" style="width: 59px; color:
transparent;"></span>many con<span unselectable="on" class="l7">sumer<span
unselectable="on" class="l6">s buy the pro<span unselectable="on"
class="l7">ducts<span unselectable="on" class="l7">/serv<span
unselectable="on" class="l6">ices of bo<span unselectable="on" class="l6">th
busi<span unselectable="on" class="l6">ness<span unselectable="on"
class="l6">es.</span></span></span></span></span></span></span></span
></span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 4775px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: D</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 4774px; word-spacing:
10px; color: transparent;">Page: <span unselectable="on" class="l10">244 <span
unselectable="on" class="l12">- <span unselectable="on" class="l10">245 <span
unselectable="on" class="w" style="width: 30px; color:
transparent;"></span>Learning <span unselectable="on" class="l12">Objective:
<span unselectable="on" class="l" style="margin-left: -13px; color:
transparent;">2 <span unselectable="on" class="w" style="width: 30px; color:
transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -13px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 29px; color: transparent;"></span>Taxonomy: <span
unselectable="on"
class="l12">Comprehension</span></span></span></span></span></span></
span></span><span unselectable="on" class="a" style="left: 531px; top: 4867px;
word-spacing: -2px; color: transparent;">AACSB: Value Creation</span></div>
<div unselectable="on" class="ff7" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 2142px; top: 5388px; wordspacing: 8px; color: transparent;">TB 8-8</span></div>

</div>
</div>
</div><div style="z-index: 8; display: block;"
class="autogen_class_views_pdfs_page_blur_promo
autogen_class_widgets_base"><div class="page_blur_promo_overlay"></div><div
class="page_blur_promo"><h2>You're Reading a Free Preview</h2><p
class="gap">Page 8 is not shown in this preview.</p><a
class="missing_page_buy_button download
flat_btn">Download</a></div></div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 7],
"pageNum": 8};

pageParams.containerElem = document.getElementById("outer_page_8");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/8-e7c4b1b42a.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div unselectable="on" class="outer_page only_ie6_border not_visible"


id="outer_page_9" style="width: 1000px; height: 1294px;">

<div unselectable="on" class="b_tl"></div>


<div unselectable="on" class="b_tr"></div>
<div unselectable="on" class="b_br"></div>
<div unselectable="on" class="b_bl"></div>

<div unselectable="on" class="b_t"></div>


<div unselectable="on" class="b_r"></div>
<div unselectable="on" class="b_b"></div>
<div unselectable="on" class="b_l"></div>

<div unselectable="on" class="newpage" id="page9" style="width: 902px;


height: 1167px; display: none;">
<div unselectable="on" class="text_layer" style="z-index: 2; color: transparent;
text-shadow: 0px 0px 70px black;"><div unselectable="on" class="ie_fix">
&nbsp;
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 366px; top: 284px; letter-spacing:
2px; color: transparent;">25.<span unselectable="on" class="w" style="width:
57px; color: transparent;"></span>Whi<span unselectable="on" class="l7">ch
<span unselectable="on" class="l7">of <span unselectable="on" class="l6">the
<span unselectable="on" class="l9">fol<span unselectable="on"
class="l7">low<span unselectable="on" class="l7">ing <span unselectable="on"
class="l9">is</span></span></span></span></span></span></span></span>
</div>
<div unselectable="on" class="ff5" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 1384px; top: 284px; color:
transparent;">not&nbsp;</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 1508px; top: 284px; word-spacing:
-2px; color: transparent;">one of the appeals of <span unselectable="on"
class="w6"></span>related diversification?</span><span unselectable="on"
class="a" style="left: 531px; top: 377px; word-spacing: 2px; color:
transparent;">A)<span unselectable="on" class="w" style="width: 52px; color:
transparent;"></span>It can off<span unselectable="on" class="l6">er
opportuniti<span unselectable="on" class="l6">es for trans<span
unselectable="on" class="l6">ferring expertise, <span unselectable="on"
class="l6">technology, <span unselectable="on" class="l6">and other <span
unselectable="on" class="l6">capabilities fro<span unselectable="on"
class="l6">m one bus<span unselectable="on" class="l6">iness
to</span></span></span></span></span></span></span></span></span><s
pan unselectable="on" class="a" style="left: 669px; top: 471px; color:
transparent;">another.</span><span unselectable="on" class="a" style="left:
531px; top: 564px; word-spacing: 2px; color: transparent;">B)<span
unselectable="on" class="w" style="width: 57px; color: transparent;"></span>It

can off<span unselectable="on" class="l6">er opportuniti<span unselectable="on"


class="l6">es for reduc<span unselectable="on" class="l6">ing costs a<span
unselectable="on" class="l6">nd for lever<span unselectable="on"
class="l6">aging use o<span unselectable="on" class="l7">f a competitiv<span
unselectable="on" class="l6">ely powerful <span unselectable="on"
class="l7">brand
name.</span></span></span></span></span></span></span></span></span
><span unselectable="on" class="a" style="left: 531px; top: 657px; word-spacing:
2px; color: transparent;">C)<span unselectable="on" class="w" style="width:
57px; color: transparent;"></span>Related divers<span unselectable="on"
class="l6">ification is <span unselectable="on" class="l6">particularly <span
unselectable="on" class="l6">well-suited fo<span unselectable="on" class="l6">r
the use <span unselectable="on" class="l6">of first-mover <span
unselectable="on" class="l6">strategies an<span unselectable="on" class="l6">d
capturing <span unselectable="on"
class="l6">valuable</span></span></span></span></span></span></span></
span></span><span unselectable="on" class="a" style="left: 669px; top: 750px;
word-spacing: -4px; color: transparent;">financial fits.</span><span
unselectable="on" class="a" style="left: 531px; top: 844px; word-spacing: 2px;
color: transparent;">D)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>It may pres<span unselectable="on" class="l6">ent
opportun<span unselectable="on" class="l6">ities for cro<span unselectable="on"
class="l6">ss-business <span unselectable="on" class="l6">collaboration <span
unselectable="on" class="l6">to create v<span unselectable="on"
class="l6">aluable new c<span unselectable="on" class="l6">ompetencies
and</span></span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 937px; color:
transparent;">capabilities.</span><span unselectable="on" class="a" style="left:
531px; top: 1030px; word-spacing: 3px; color: transparent;">E)<span
unselectable="on" class="w" style="width: 61px; color: transparent;"></span>The
relatedn<span unselectable="on" class="l6">ess among <span unselectable="on"
class="l8">the different <span unselectable="on" class="l8">businesses <span
unselectable="on" class="l7">provides sh<span unselectable="on"
class="l6">arper focus <span unselectable="on" class="l7">for managing <span
unselectable="on" class="l9">diversification <span unselectable="on"
class="l7">and
a</span></span></span></span></span></span></span></span></span><sp
an unselectable="on" class="a" style="left: 669px; top: 1123px; word-spacing:
-2px; color: transparent;">useful degree of strategic unity across the companys
various <span unselectable="on" class="w6"></span>business
activities.</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 1311px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: C</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">

<span unselectable="on" class="a" style="left: 963px; top: 1309px; word-spacing:


10px; color: transparent;">Page: <span unselectable="on" class="l10">244 <span
unselectable="on" class="l12">- <span unselectable="on" class="l10">245 <span
unselectable="on" class="w" style="width: 30px; color:
transparent;"></span>Learning <span unselectable="on" class="l12">Objective:
<span unselectable="on" class="l" style="margin-left: -13px; color:
transparent;">2 <span unselectable="on" class="w" style="width: 30px; color:
transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -13px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 29px; color: transparent;"></span>Taxonomy: <span
unselectable="on"
class="l12">Comprehension</span></span></span></span></span></span></
span></span><span unselectable="on" class="a" style="left: 531px; top: 1403px;
word-spacing: -2px; color: transparent;">AACSB: Value Creation</span><span
unselectable="on" class="a" style="left: 366px; top: 1598px; word-spacing: 2px;
color: transparent;">26.<span unselectable="on" class="w" style="width: 63px;
color: transparent;"></span>Strategic fit <span unselectable="on"
class="l6">between two <span unselectable="on" class="l7">or more bu<span
unselectable="on" class="l6">sinesses exis<span unselectable="on" class="l6">ts
when o<span unselectable="on" class="l6">ne or more <span unselectable="on"
class="l6">activities co<span unselectable="on" class="l6">mprising their <span
unselectable="on" class="l7">respective valu<span unselectable="on"
class="l6">e</span></span></span></span></span></span></span></span>
</span></span><span unselectable="on" class="a" style="left: 531px; top:
1691px; word-spacing: -4px; color: transparent;">chains present
opportunities</span><span unselectable="on" class="a" style="left: 531px; top:
1784px; word-spacing: 3px; color: transparent;">A)<span unselectable="on"
class="w" style="width: 52px; color: transparent;"></span>to transfe<span
unselectable="on" class="l6">r expertise <span unselectable="on" class="l7">or
technolo<span unselectable="on" class="l6">gy or <span unselectable="on"
class="l7">capabilities <span unselectable="on" class="l6">from one <span
unselectable="on" class="l7">business <span unselectable="on" class="l6">to
anoth<span unselectable="on"
class="l6">er.</span></span></span></span></span></span></span></span
></span><span unselectable="on" class="a" style="left: 531px; top: 1878px;
letter-spacing: 1px; color: transparent;">B)<span unselectable="on" class="w"
style="width: 55px; color: transparent;"></span>for cr<span unselectable="on"
class="l6">oss-<span unselectable="on" class="l6">busi<span unselectable="on"
class="l6">ness <span unselectable="on" class="l6">use o<span
unselectable="on" class="l6">f a co<span unselectable="on" class="l7">mmon
b<span unselectable="on" class="l6">rand n<span unselectable="on"
class="l7">ame.</span></span></span></span></span></span></span></spa
n></span><span unselectable="on" class="a" style="left: 531px; top: 1971px;
word-spacing: 2px; color: transparent;">C)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>to lower <span
unselectable="on" class="l6">costs by <span unselectable="on"
class="l7">combining the <span unselectable="on" class="l7">performance of

t<span unselectable="on" class="l6">he related v<span unselectable="on"


class="l6">alue chain <span unselectable="on" class="l6">activities of <span
unselectable="on" class="l7">different busin<span unselectable="on"
class="l6">esses.</span></span></span></span></span></span></span></sp
an></span><span unselectable="on" class="a" style="left: 531px; top: 2064px;
word-spacing: 2px; color: transparent;">D)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>for cross-bus<span
unselectable="on" class="l6">iness collabora<span unselectable="on"
class="l6">tion to <span unselectable="on" class="l6">build valuab<span
unselectable="on" class="l6">le new reso<span unselectable="on"
class="l6">urce strengths <span unselectable="on" class="l7">and
competitiv<span unselectable="on" class="l6">e capabilities<span
unselectable="on"
class="l6">.</span></span></span></span></span></span></span></span><
/span><span unselectable="on" class="a" style="left: 531px; top: 2157px; wordspacing: -6px; letter-spacing: 5px; color: transparent;">E<span unselectable="on"
class="l6">)<span unselectable="on" class="w" style="width: 57px; color:
transparent;"></span>A<span unselectable="on" class="l6">ll <span
unselectable="on" class="l10">of <span unselectable="on" class="l8">t<span
unselectable="on" class="l6">he<span unselectable="on" class="l10">s<span
unselectable="on"
class="l6">e.</span></span></span></span></span></span></span></span>
</div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 2345px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: E</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 959px; top: 2343px; word-spacing:
12px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -13px; color: transparent;">244 <span unselectable="on" class="l"
style="margin-left: -13px; color: transparent;">- <span unselectable="on"
class="l12">245 <span unselectable="on" class="w" style="width: 28px; color:
transparent;"></span>Learning <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">Objective: <span unselectable="on" class="l"
style="margin-left: -15px; color: transparent;">2 <span unselectable="on"
class="w" style="width: 29px; color: transparent;"></span>Difficulty: <span
unselectable="on" class="l" style="margin-left: -15px; color: transparent;">Easy
<span unselectable="on" class="w" style="width: 27px; color:
transparent;"></span>Taxonomy: <span unselectable="on" class="l"
style="margin-left: -15px; color: transparent;">Comprehension <span
unselectable="on" class="w" style="width: 25px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
</span></span><span unselectable="on" class="a" style="left: 531px; top:
2437px; word-spacing: -3px; color: transparent;">Value Creation</span><span

unselectable="on" class="a" style="left: 366px; top: 2632px; word-spacing: -3px;


letter-spacing: 1px; color: transparent;">27.<span unselectable="on" class="w"
style="width: 60px; color: transparent;"></span>One str<span unselectable="on"
class="l6">ategi<span unselectable="on" class="l6">c fit-ba<span
unselectable="on" class="l7">sed appr<span unselectable="on" class="l6">oach
to rel<span unselectable="on" class="l7">ated div<span unselectable="on"
class="l7">ersif<span unselectable="on" class="l6">icati<span unselectable="on"
class="l6">on wou<span unselectable="on" class="l6">ld be
to</span></span></span></span></span></span></span></span></span></s
pan><span unselectable="on" class="a" style="left: 531px; top: 2725px; wordspacing: 2px; color: transparent;">A)<span unselectable="on" class="w"
style="width: 52px; color: transparent;"></span>diversify in<span
unselectable="on" class="l6">to new in<span unselectable="on"
class="l6">dustries that <span unselectable="on" class="l8">present
opportu<span unselectable="on" class="l6">nities to <span unselectable="on"
class="l6">transfer competi<span unselectable="on" class="l6">tively
valuab<span unselectable="on" class="l6">le
expertise,</span></span></span></span></span></span></span></span><sp
an unselectable="on" class="a" style="left: 669px; top: 2818px; word-spacing:
-3px; color: transparent;">technological know-how, or other capabilities from <span
unselectable="on" class="w6"></span>one business to another.</span><span
unselectable="on" class="a" style="left: 531px; top: 2912px; word-spacing: 2px;
color: transparent;">B)<span unselectable="on" class="w" style="width: 57px;
color: transparent;"></span>diversify in<span unselectable="on" class="l6">to
those <span unselectable="on" class="l6">industries w<span unselectable="on"
class="l6">here the sa<span unselectable="on" class="l6">me kinds o<span
unselectable="on" class="l6">f driving fo<span unselectable="on" class="l6">rces
and co<span unselectable="on" class="l6">mpetitive forces <span
unselectable="on" class="l6">prevail,
thus</span></span></span></span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 669px; top: 3004px; word-spacing:
-2px; color: transparent;">allowing use of much the same <span unselectable="on"
class="w7"></span>competitive strategy in all of the business a <span
unselectable="on" class="w6"></span>company is in.</span><span
unselectable="on" class="a" style="left: 531px; top: 3098px; word-spacing: 1px;
color: transparent;">C)<span unselectable="on" class="w" style="width: 57px;
color: transparent;"></span>acquire rival firms <span unselectable="on"
class="l6">that have broade<span unselectable="on" class="l6">r product lines
<span unselectable="on" class="l6">so as to giv<span unselectable="on"
class="l6">e the company acces<span unselectable="on" class="l6">s to a wider
r<span unselectable="on" class="l6">ange of
buyer&nbsp;</span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 3191px; color:
transparent;">groups.</span><span unselectable="on" class="a" style="left:
531px; top: 3284px; word-spacing: 4px; color: transparent;">D)<span
unselectable="on" class="w" style="width: 52px; color:
transparent;"></span>acquire c<span unselectable="on" class="l6">ompanies

i<span unselectable="on" class="l6">n forward <span unselectable="on"


class="l10">distribution <span unselectable="on" class="l8">channels <span
unselectable="on" class="l6">(wholesalers <span unselectable="on"
class="l8">and/or reta<span unselectable="on"
class="l6">ilers).</span></span></span></span></span></span></span></sp
an><span unselectable="on" class="a" style="left: 531px; top: 3377px; wordspacing: -3px; letter-spacing: 1px; color: transparent;">E)<span unselectable="on"
class="w" style="width: 59px; color: transparent;"></span>expan<span
unselectable="on" class="l7">d into fo<span unselectable="on" class="l6">reign
ma<span unselectable="on" class="l6">rkets wh<span unselectable="on"
class="l7">ere the fir<span unselectable="on" class="l6">m current<span
unselectable="on" class="l7">ly does no bu<span unselectable="on"
class="l7">sines<span unselectable="on"
class="l7">s.</span></span></span></span></span></span></span></span>
</span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 3565px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: A</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 3564px; word-spacing:
12px; color: transparent;">Page: <span unselectable="on" class="l12">244 <span
unselectable="on" class="l" style="margin-left: -14px; color: transparent;">- <span
unselectable="on" class="l12">245 <span unselectable="on" class="w"
style="width: 28px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -14px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-15px; color: transparent;">2 <span unselectable="on" class="w" style="width:
28px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -15px; color: transparent;">Easy <span unselectable="on"
class="w" style="width: 27px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -15px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
25px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
</span></span><span unselectable="on" class="a" style="left: 531px; top:
3657px; word-spacing: -3px; color: transparent;">Value Creation</span><span
unselectable="on" class="a" style="left: 366px; top: 3852px; word-spacing: 2px;
color: transparent;">28.<span unselectable="on" class="w" style="width: 63px;
color: transparent;"></span>A company <span unselectable="on"
class="l6">pursuing a <span unselectable="on" class="l6">related divers<span
unselectable="on" class="l6">ification strat<span unselectable="on"
class="l6">egy would <span unselectable="on" class="l6">likely addre<span
unselectable="on" class="l6">ss the iss<span unselectable="on" class="l6">ue of
wh<span unselectable="on" class="l6">at

additional</span></span></span></span></span></span></span></span></s
pan><span unselectable="on" class="a" style="left: 531px; top: 3945px; wordspacing: -4px; color: transparent;">industries/bus<span unselectable="on"
class="l6">inesses to <span unselectable="on" class="w6"></span>diversify into
by</span></span><span unselectable="on" class="a" style="left: 531px; top:
4038px; word-spacing: -5px; letter-spacing: 1px; color: transparent;">A)<span
unselectable="on" class="w" style="width: 50px; color:
transparent;"></span>loca<span unselectable="on" class="l6">ting busi<span
unselectable="on" class="l6">ness<span unselectable="on" class="l6">es with
well<span unselectable="on" class="l6">-know<span unselectable="on"
class="l7">n brand names and large mark<span unselectable="on" class="l6">et
shares<span unselectable="on"
class="l6">.</span></span></span></span></span></span></span></span><
span unselectable="on" class="a" style="left: 531px; top: 4132px; word-spacing:
-4px; letter-spacing: 1px; color: transparent;">B)<span unselectable="on"
class="w" style="width: 55px; color: transparent;"></span>iden<span
unselectable="on" class="l6">tifyi<span unselectable="on" class="l6">ng
indu<span unselectable="on" class="l6">strie<span unselectable="on"
class="l6">s with the lea<span unselectable="on" class="l6">st compet<span
unselectable="on" class="l6">itiv<span unselectable="on" class="l6">e
intens<span unselectable="on"
class="l6">ity.</span></span></span></span></span></span></span></span
></span><span unselectable="on" class="a" style="left: 531px; top: 4225px;
word-spacing: 2px; color: transparent;">C)<span unselectable="on" class="w"
style="width: 57px; color: transparent;"></span>identifying <span
unselectable="on" class="l6">an attractive <span unselectable="on"
class="l6">industry w<span unselectable="on" class="l6">hose value <span
unselectable="on" class="l6">chain has <span unselectable="on"
class="l6">good strateg<span unselectable="on" class="l6">ic fit wi<span
unselectable="on" class="l6">th one o<span unselectable="on" class="l6">r more
of t<span unselectable="on" class="l6">he
firm's</span></span></span></span></span></span></span></span></span>
</span><span unselectable="on" class="a" style="left: 649px; top: 4318px; wordspacing: -6px; color: transparent;">&nbsp;present businesses.</span><span
unselectable="on" class="a" style="left: 531px; top: 4411px; word-spacing: 1px;
color: transparent;">D)<span unselectable="on" class="w" style="width: 52px;
color: transparent;"></span>identifying bu<span unselectable="on"
class="l6">sinesses with <span unselectable="on" class="l6">the potential <span
unselectable="on" class="l6">to diversify th<span unselectable="on" class="l6">e
number and typ<span unselectable="on" class="l6">es of different acti<span
unselectable="on" class="l6">vities in th<span unselectable="on" class="l6">e
firm's</span></span></span></span></span></span></span></span><span
unselectable="on" class="a" style="left: 669px; top: 4505px; word-spacing: -3px;
color: transparent;">value chain make-up.</span><span unselectable="on"
class="a" style="left: 531px; top: 4598px; word-spacing: 3px; color:
transparent;">E)<span unselectable="on" class="w" style="width: 61px; color:
transparent;"></span>locating <span unselectable="on" class="l6">new

busi<span unselectable="on" class="l6">nesses with <span unselectable="on"


class="l9">high degre<span unselectable="on" class="l6">es of f<span
unselectable="on" class="l6">inancial fi<span unselectable="on" class="l6">t
with <span unselectable="on" class="l7">its presen<span unselectable="on"
class="l6">t busines<span unselectable="on"
class="l6">ses.</span></span></span></span></span></span></span></span
></span></span></div>
<div unselectable="on" class="ff0" style="font-size: 57px; color: transparent;">
<span unselectable="on" class="a" style="left: 531px; top: 4786px; word-spacing:
1px; letter-spacing: -1px; color: transparent;">Answer: C</span></div>
<div unselectable="on" class="ff3" style="font-size: 74px; color: transparent;">
<span unselectable="on" class="a" style="left: 963px; top: 4784px; word-spacing:
15px; color: transparent;">Page: <span unselectable="on" class="l" style="marginleft: -15px; color: transparent;">246 <span unselectable="on" class="w"
style="width: 24px; color: transparent;"></span>Learning <span
unselectable="on" class="l" style="margin-left: -17px; color:
transparent;">Objective: <span unselectable="on" class="l" style="margin-left:
-18px; color: transparent;">2 <span unselectable="on" class="w" style="width:
25px; color: transparent;"></span>Difficulty: <span unselectable="on" class="l"
style="margin-left: -18px; color: transparent;">Medium <span unselectable="on"
class="w" style="width: 24px; color: transparent;"></span>Taxonomy: <span
unselectable="on" class="l" style="margin-left: -18px; color:
transparent;">Comprehension <span unselectable="on" class="w" style="width:
22px; color:
transparent;"></span>AACSB:</span></span></span></span></span></span>
<span unselectable="on" class="a" style="left: 531px; top: 4878px; word-spacing:
-3px; color: transparent;">Value Creation</span></div>
<div unselectable="on" class="ff7" style="font-size: 58px; color: transparent;">
<span unselectable="on" class="a" style="left: 2142px; top: 5388px; wordspacing: 8px; color: transparent;">TB 8-9</span></div>
</div>
</div>
<div unselectable="on" class="image_layer" style="z-index: 1">
<div unselectable="on" class="ie_fix">
<img unselectable="on" src="https://html2f.scribdassets.com/4ogdemram81f7w5s/images/9-74988aa8dc.jpg" class="absimg"
style="left: 274px; top: 67px; width: 24px; height: 3px; clip: rect(1px, 23px, 2px,
1px); display: block;">
</div>

</div>
</div><div style="z-index: 8; display: block;"
class="autogen_class_views_pdfs_page_blur_promo
autogen_class_widgets_base"><div class="page_blur_promo_overlay"></div><div
class="page_blur_promo"><h2>You're Reading a Free Preview</h2><p
class="gap">Page 9 is not shown in this preview.</p><a
class="missing_page_buy_button download
flat_btn">Download</a></div></div></div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 5, 0, 7],
"pageNum": 9};

pageParams.containerElem = document.getElementById("outer_page_9");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/9-74988aa8dc.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_10" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>

<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 0, 5,
7], "pageNum": 10};

pageParams.containerElem = document.getElementById("outer_page_10");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/10-2ac170678f.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_11" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>

<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 0, 5,
7], "pageNum": 11};

pageParams.containerElem = document.getElementById("outer_page_11");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/11-79cfba207e.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_12" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>

<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 7],
"pageNum": 12};

pageParams.containerElem = document.getElementById("outer_page_12");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/12-f1a24f1319.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_13" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 5, 7],
"pageNum": 13};

pageParams.containerElem = document.getElementById("outer_page_13");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/13-bff5baceb1.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_14" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 0, 5,
7], "pageNum": 14};

pageParams.containerElem = document.getElementById("outer_page_14");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/14-fc8e7c64f7.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_15" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 0, 5,
7], "pageNum": 15};

pageParams.containerElem = document.getElementById("outer_page_15");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/15-4c94b97c41.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_16" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 5,
7], "pageNum": 16};

pageParams.containerElem = document.getElementById("outer_page_16");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/16-b7886b3ec7.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_17" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">

(function() {
var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [0, 3, 5, 7],
"pageNum": 17};

pageParams.containerElem = document.getElementById("outer_page_17");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/17-f47c938453.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_18" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 5, 1,


7], "pageNum": 18};

pageParams.containerElem = document.getElementById("outer_page_18");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/18-941abe9e7c.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_19" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 5, 7],


"pageNum": 19};

pageParams.containerElem = document.getElementById("outer_page_19");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/19-f41a36274b.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_20" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 7],


"pageNum": 20};

pageParams.containerElem = document.getElementById("outer_page_20");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/20-8bdd9b7ab0.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_21" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 7],


"pageNum": 21};

pageParams.containerElem = document.getElementById("outer_page_21");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/21-19b763da62.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_22" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 6, 7],


"pageNum": 22};

pageParams.containerElem = document.getElementById("outer_page_22");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/22-bcfae64309.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_23" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 7],


"pageNum": 23};

pageParams.containerElem = document.getElementById("outer_page_23");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/23-2909c83621.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_24" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 7],


"pageNum": 24};

pageParams.containerElem = document.getElementById("outer_page_24");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/24-20764d0a18.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_25" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 5, 7],


"pageNum": 25};

pageParams.containerElem = document.getElementById("outer_page_25");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/25-8a2a2398f3.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_26" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 5, 0, 1,


7], "pageNum": 26};

pageParams.containerElem = document.getElementById("outer_page_26");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/26-4ab3140d4a.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_27" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 5, 7],


"pageNum": 27};

pageParams.containerElem = document.getElementById("outer_page_27");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/27-485ace240d.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_28" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 5, 0,


7], "pageNum": 28};

pageParams.containerElem = document.getElementById("outer_page_28");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/28-ff8bf0eb1f.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_29" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 0, 5,


7], "pageNum": 29};

pageParams.containerElem = document.getElementById("outer_page_29");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/29-53a7e2b0bd.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_30" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [1, 3, 0, 7],


"pageNum": 30};

pageParams.containerElem = document.getElementById("outer_page_30");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/30-4c82a02bd1.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_31" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 5, 0, 1,


7], "pageNum": 31};

pageParams.containerElem = document.getElementById("outer_page_31");
pageParams.contentUrl = "https://html1f.scribdassets.com/4ogdemram81f7w5s/pages/31-d026d55b75.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_32" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 0, 1, 5,


7], "pageNum": 32};

pageParams.containerElem = document.getElementById("outer_page_32");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/32-ed695ef1c9.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_33" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 5, 0, 4,


7], "pageNum": 33};

pageParams.containerElem = document.getElementById("outer_page_33");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/33-aed94fe702.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_34" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 7],


"pageNum": 34};

pageParams.containerElem = document.getElementById("outer_page_34");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/34-d8c964eddf.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_35" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 7],


"pageNum": 35};

pageParams.containerElem = document.getElementById("outer_page_35");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/35-5717d1f632.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<div class="outer_page only_ie6_border" id="outer_page_36" style="width:


1000px; height: 1294px;">

<div class="b_tl"></div>
<div class="b_tr"></div>
<div class="b_br"></div>
<div class="b_bl"></div>
<div class="b_t"></div>
<div class="b_r"></div>
<div class="b_b"></div>
<div class="b_l"></div>

</div>

<script type="text/javascript">
(function() {

var pageParams = {"origHeight": 1167, "origWidth": 902, "fonts": [3, 7],


"pageNum": 36};

pageParams.containerElem = document.getElementById("outer_page_36");
pageParams.contentUrl = "https://html2f.scribdassets.com/4ogdemram81f7w5s/pages/36-d0b12770e1.jsonp";
pageParams.blur = true
var page = docManager.addPage(pageParams);
})();
</script>

<!--[if IE]>
<script type='text/javascript'>
window.docManagerIEAdded = true;
if (document.observe) {
document.observe('dom:loaded', function () {
docManager.allPagesAdded();
});
} else {
window.attachEvent('onload', function () {
docManager.allPagesAdded();
});
}
</script>
<![endif]-->

<script type="text/javascript">

if (window.docManagerIEAdded != true) {
docManager.allPagesAdded();
}
</script>

</div>

</div><div style="margin-left: 0px;" class="document_footer"><div


class="inner_footer "><div class="footer_rec_docs"><div
class="autogen_class_views_pdfs_lists_recommended_docs
autogen_class_views_pdfs_lists_tracked_footer_carousel
autogen_class_views_shared_carousels_recommended_carousel document_carousel
autogen_class_views_shared_carousels_carousel autogen_class_widgets_base
has_paddles has_document_cells carousel_widget show_title document_carousel
regular_doc_thumb_width on_first_page" id="autogen_id_735751237" datatrack_category="read2" data-lazy_images="true" datatrack_uuid="R1wlSJHjbQt4c2fs+63b9j/iH24=" datarecommender_init="{&quot;page&quot;:&quot;read2&quot;,&quot;compilation_id&
quot;:&quot;XHi7J/6LNj6xms31SDn/ca0FqXE=&quot;}"><h2 class="carousel_title"
data-track="non_pmp_recommendations">Similar to <a

href="https://www.scribd.com/doc/82909654/Chap-008" class="title_link"
title="Chap 008">Chap 008</a></h2><div class="carousel_outer"><div
class="paddle page_left carousel_prev" datatrack="carousel:previous"></div><div class="paddle page_right carousel_next"
data-track="carousel:next"></div><div class="carousel"><div
class="carousel_scrolling"><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;laasoWQlqpzq9I/WA84uZ8bQl9E=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="82143554" data-track="non_pmp_recommendations" datatrack_uuid="laasoWQlqpzq9I/WA84uZ8bQl9E=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/82143554/Chap-007" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/82143554/fit_to_size/144x192/598023953e/1411
234570" srcset="https://imgv2-2f.scribdassets.com/img/document/82143554/fit_to_size/144x192/598023953e/1411
234570 1x, https://imgv2-1f.scribdassets.com/img/document/82143554/fit_to_size/288x384/99128b9ffb/14112
34570 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chap 007</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;LqhdV98NGqCaoQQJqAX4okGevhU=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="38517177" data-track="non_pmp_recommendations" datatrack_uuid="LqhdV98NGqCaoQQJqAX4okGevhU=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/38517177/ch1" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/38517177/fit_to_size/144x192/815c3c8966/14251
77619" srcset="https://imgv2-2f.scribdassets.com/img/document/38517177/fit_to_size/144x192/815c3c8966/14251
77619 1x, https://imgv2-2f.scribdassets.com/img/document/38517177/fit_to_size/288x384/1d91f1394e/14251
77619 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">ch1</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu

ot;pQn1gbW5UU0UKGlRfF5szl0UvVc=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="59176659" data-track="non_pmp_recommendations" datatrack_uuid="pQn1gbW5UU0UKGlRfF5szl0UvVc=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/59176659/Chapter-Review-A" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/59176659/fit_to_size/144x192/1836f5991a/13667
59898" srcset="https://imgv2-1f.scribdassets.com/img/document/59176659/fit_to_size/144x192/1836f5991a/13667
59898 1x, https://imgv2-2f.scribdassets.com/img/document/59176659/fit_to_size/288x384/bdc987d81b/13667
59898 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chapter Review A</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;997Ky+FdQbSWD4LxlELtoJNIRp0=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="134400233" data-track="non_pmp_recommendations" datatrack_uuid="997Ky+FdQbSWD4LxlELtoJNIRp0=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/134400233/Chapter-8-Unit-8" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/134400233/fit_to_size/144x192/1ad44ffbbc/13824
98723" srcset="https://imgv2-2f.scribdassets.com/img/document/134400233/fit_to_size/144x192/1ad44ffbbc/13824
98723 1x, https://imgv2-2f.scribdassets.com/img/document/134400233/fit_to_size/288x384/33cb792210/1382
498723 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chapter 8 Unit 8</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;rlmOq243TxomEG/iUt7oS1ZUvls=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="74575900" data-track="non_pmp_recommendations" datatrack_uuid="rlmOq243TxomEG/iUt7oS1ZUvls=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/74575900/Quiz-3-Stmgmt" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/74575900/fit_to_size/144x192/df6acbdcc9/13624

48623" srcset="https://imgv2-2f.scribdassets.com/img/document/74575900/fit_to_size/144x192/df6acbdcc9/13624
48623 1x, https://imgv2-1f.scribdassets.com/img/document/74575900/fit_to_size/288x384/aea9cc5331/13624
48623 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Quiz 3 Stmgmt</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;7y9/2Llaz2kl9ZkbDuC8LOti/o4=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="42546861" data-track="non_pmp_recommendations" datatrack_uuid="7y9/2Llaz2kl9ZkbDuC8LOti/o4=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/42546861/Chapter-6" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-1f.scribdassets.com/img/document/42546861/fit_to_size/144x192/06ea987b13/13600
27764" data-srcset="https://imgv2-1f.scribdassets.com/img/document/42546861/fit_to_size/144x192/06ea987b13/13600
27764 1x, https://imgv2-2f.scribdassets.com/img/document/42546861/fit_to_size/288x384/6eb3a5a839/13600
27764 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chapter 6</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;IJ4IFq9ekvIhmxvw/4jW2Oa7qLA=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="79858644" data-track="non_pmp_recommendations" datatrack_uuid="IJ4IFq9ekvIhmxvw/4jW2Oa7qLA=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/79858644/Chapter-Quizes-Final" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv22f.scribdassets.com/img/document/79858644/fit_to_size/144x192/19fe3d1572/13648
53588" data-srcset="https://imgv2-2f.scribdassets.com/img/document/79858644/fit_to_size/144x192/19fe3d1572/13648
53588 1x, https://imgv2-2f.scribdassets.com/img/document/79858644/fit_to_size/288x384/76875d79f4/13648
53588 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div

class="reading_progress_inner reading_progress_percentage" style="width:


0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chapter Quizes Final</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;kWVt95ODusOqljkBqEUPJ8Ysybo=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="145556542" data-track="non_pmp_recommendations" datatrack_uuid="kWVt95ODusOqljkBqEUPJ8Ysybo=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/145556542/Chapter-2-Charting-a-Company-sDirection-Vision-and-Mission-Objectives-And-Strategy" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-2f.scribdassets.com/img/document/145556542/fit_to_size/144x192/0ea1f5350d/1421
555941" data-srcset="https://imgv2-2f.scribdassets.com/img/document/145556542/fit_to_size/144x192/0ea1f5350d/1421
555941 1x, https://imgv2-2f.scribdassets.com/img/document/145556542/fit_to_size/288x384/3dd3869f2a/1421
555941 2x" class="lazy_loading" alt=""><div
class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chapter 2 Charting a Company's Direction- Vision and Mission,
Objectives, And Strategy</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;hS9dcBxnQdSZqDI+PzmCPZKDjUM=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="49473046" data-track="non_pmp_recommendations" datatrack_uuid="hS9dcBxnQdSZqDI+PzmCPZKDjUM=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/49473046/MGMT-quiz1" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-2f.scribdassets.com/img/document/49473046/fit_to_size/144x192/8f7b35c603/14615
13596" data-srcset="https://imgv2-2f.scribdassets.com/img/document/49473046/fit_to_size/144x192/8f7b35c603/14615
13596 1x, https://imgv2-2f.scribdassets.com/img/document/49473046/fit_to_size/288x384/e24eb29f0e/14615
13596 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon icon-

ic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">MGMT quiz1</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;+8XFS8SQw5+ZpcHyDThcxMXuM1I=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="37170825" data-track="non_pmp_recommendations" datatrack_uuid="+8XFS8SQw5+ZpcHyDThcxMXuM1I=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/37170825/Chapter-1-2-Fall-2008" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv21f.scribdassets.com/img/document/37170825/fit_to_size/144x192/b50da763bb/13617
70193" data-srcset="https://imgv2-1f.scribdassets.com/img/document/37170825/fit_to_size/144x192/b50da763bb/13617
70193 1x, https://imgv2-1f.scribdassets.com/img/document/37170825/fit_to_size/288x384/22fb13e310/13617
70193 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chapter 1&amp;2 Fall 2008</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;HTfXP6DUt1NGFiXuRfAr0I50rUU=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="52655262" data-track="non_pmp_recommendations" datatrack_uuid="HTfXP6DUt1NGFiXuRfAr0I50rUU=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/52655262/chapter-11" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-2f.scribdassets.com/img/document/52655262/fit_to_size/144x192/ac117bc941/13744
36811" data-srcset="https://imgv2-2f.scribdassets.com/img/document/52655262/fit_to_size/144x192/ac117bc941/13744
36811 1x, https://imgv2-1f.scribdassets.com/img/document/52655262/fit_to_size/288x384/c465e7113d/13744
36811 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">chapter 11</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;avE7fATLKvfd5k1SptoVT2m090U=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="67832814" data-track="non_pmp_recommendations" data-

track_uuid="avE7fATLKvfd5k1SptoVT2m090U=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/67832814/Quiz-Simulador" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv22f.scribdassets.com/img/document/67832814/fit_to_size/144x192/07f25e8f30/14538
50416" data-srcset="https://imgv2-2f.scribdassets.com/img/document/67832814/fit_to_size/144x192/07f25e8f30/14538
50416 1x, https://imgv2-2f.scribdassets.com/img/document/67832814/fit_to_size/288x384/b0a5285a32/14538
50416 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Quiz Simulador</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;1gkuagD9zUxqQ0zKSWFNKVlLi68=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="135692631" data-track="non_pmp_recommendations" datatrack_uuid="1gkuagD9zUxqQ0zKSWFNKVlLi68=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/135692631/Chapter-7-Business-Policy"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-1f.scribdassets.com/img/document/135692631/fit_to_size/144x192/3002e708e5/1408
282754" data-srcset="https://imgv2-1f.scribdassets.com/img/document/135692631/fit_to_size/144x192/3002e708e5/1408
282754 1x, https://imgv2-1f.scribdassets.com/img/document/135692631/fit_to_size/288x384/72b280ed7f/1408
282754 2x" class="lazy_loading" alt=""><div
class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chapter 7 Business Policy</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;MO7xaUDP2cvQ0yeTmopGgnuZ5RQ=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="25580364" data-track="non_pmp_recommendations" datatrack_uuid="MO7xaUDP2cvQ0yeTmopGgnuZ5RQ=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/25580364/Glo-Bus-Team-Strategic-Analysis"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-2-

f.scribdassets.com/img/document/25580364/fit_to_size/144x192/1a1a8af1e2/14308
36784" data-srcset="https://imgv2-2f.scribdassets.com/img/document/25580364/fit_to_size/144x192/1a1a8af1e2/14308
36784 1x, https://imgv2-2f.scribdassets.com/img/document/25580364/fit_to_size/288x384/ad1980ca35/14308
36784 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Glo-Bus Team Strategic Analysis</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;+hdeRu3DOM6vxLWmXl0w0x6WcYI=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="78603352" data-track="non_pmp_recommendations" datatrack_uuid="+hdeRu3DOM6vxLWmXl0w0x6WcYI=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/78603352/Ch9-Diversification" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv22f.scribdassets.com/img/document/78603352/fit_to_size/144x192/61f7287a7f/13685
57280" data-srcset="https://imgv2-2f.scribdassets.com/img/document/78603352/fit_to_size/144x192/61f7287a7f/13685
57280 1x, https://imgv2-2f.scribdassets.com/img/document/78603352/fit_to_size/288x384/31d9f9e01d/13685
57280 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Ch9 Diversification</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;M/1FadT8fVJHoiRISN62ZaNWvJ4=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="246563242" data-track="non_pmp_recommendations" datatrack_uuid="M/1FadT8fVJHoiRISN62ZaNWvJ4=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/246563242/Ba-4302-Assignment-8"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-1f.scribdassets.com/img/document/246563242/fit_to_size/144x192/5911054c28/1433
513391" data-srcset="https://imgv2-1f.scribdassets.com/img/document/246563242/fit_to_size/144x192/5911054c28/1433
513391 1x, https://imgv2-1f.scribdassets.com/img/document/246563242/fit_to_size/288x384/80515cb389/1433

513391 2x" class="lazy_loading" alt=""><div


class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Ba 4302 Assignment 8</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;kL7FvIMPYZh/IC6wjOqVmgYN/24=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="86792095" data-track="non_pmp_recommendations" datatrack_uuid="kL7FvIMPYZh/IC6wjOqVmgYN/24=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/86792095/Case-23-Starbucks" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv21f.scribdassets.com/img/document/86792095/fit_to_size/144x192/2c24dc33e4/13695
00888" data-srcset="https://imgv2-1f.scribdassets.com/img/document/86792095/fit_to_size/144x192/2c24dc33e4/13695
00888 1x, https://imgv2-2f.scribdassets.com/img/document/86792095/fit_to_size/288x384/0d8c93232a/13695
00888 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Case #23 Starbucks</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;1zgFTTbEe6mT/ZRAAaGHW9Quc+g=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="81889940" data-track="non_pmp_recommendations" datatrack_uuid="1zgFTTbEe6mT/ZRAAaGHW9Quc+g=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/81889940/Chap-001" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-2f.scribdassets.com/img/document/81889940/fit_to_size/144x192/fe751f96c2/134949
4997" data-srcset="https://imgv2-2f.scribdassets.com/img/document/81889940/fit_to_size/144x192/fe751f96c2/134949
4997 1x, https://imgv2-1f.scribdassets.com/img/document/81889940/fit_to_size/288x384/dc7fb93c87/13494
94997 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon icon-

contents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div


class="under_title">Chap 001</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;8F+5JwimkBejr5bcWaboSegGw/A=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="62187380" data-track="non_pmp_recommendations" datatrack_uuid="8F+5JwimkBejr5bcWaboSegGw/A=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/62187380/Student-Comment" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv21f.scribdassets.com/img/document/62187380/fit_to_size/144x192/b23d566e44/1355
376076" data-srcset="https://imgv2-1f.scribdassets.com/img/document/62187380/fit_to_size/144x192/b23d566e44/1355
376076 1x, https://imgv2-2f.scribdassets.com/img/document/62187380/fit_to_size/288x384/4a09eb869a/13553
76076 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Student Comment</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;Bqa3bq6KYjjDumSOY869Hc+t/IQ=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="232665929" data-track="non_pmp_recommendations" datatrack_uuid="Bqa3bq6KYjjDumSOY869Hc+t/IQ=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/232665929/Test-Bank-Chap-1" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv22f.scribdassets.com/img/document/232665929/fit_to_size/144x192/f9783813fd/1433
018132" data-srcset="https://imgv2-2f.scribdassets.com/img/document/232665929/fit_to_size/144x192/f9783813fd/1433
018132 1x, https://imgv2-2f.scribdassets.com/img/document/232665929/fit_to_size/288x384/e2a198eefc/1433
018132 2x" class="lazy_loading" alt=""><div
class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Test Bank Chap 1</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu

ot;vGrs+K4mtO4bRGzGLDriJQ4/e/A=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="16591680" data-track="non_pmp_recommendations" datatrack_uuid="vGrs+K4mtO4bRGzGLDriJQ4/e/A=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/16591680/Strategic-Management-Chap011"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-2f.scribdassets.com/img/document/16591680/fit_to_size/144x192/fe599b4437/13685
27782" data-srcset="https://imgv2-2f.scribdassets.com/img/document/16591680/fit_to_size/144x192/fe599b4437/13685
27782 1x, https://imgv2-1f.scribdassets.com/img/document/16591680/fit_to_size/288x384/6b83417827/1368
527782 2x" class="lazy_loading" alt=""><div
class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Strategic Management Chap011</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;1c78JO1O+rXA+/pXoVHSzq1L8Nw=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="92075337" data-track="non_pmp_recommendations" datatrack_uuid="1c78JO1O+rXA+/pXoVHSzq1L8Nw=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/92075337/Chap-001" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-1f.scribdassets.com/img/document/92075337/fit_to_size/144x192/dfd330442e/13600
18763" data-srcset="https://imgv2-1f.scribdassets.com/img/document/92075337/fit_to_size/144x192/dfd330442e/13600
18763 1x, https://imgv2-2f.scribdassets.com/img/document/92075337/fit_to_size/288x384/1882a8b2f6/13600
18763 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chap 001</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;ghf7/TFIf2SKIi9z6qPAFjtEOYA=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="72768856" data-track="non_pmp_recommendations" datatrack_uuid="ghf7/TFIf2SKIi9z6qPAFjtEOYA=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/72768856/Para-Phase" class="doc_link "><div

class="thumb object_cell_hover " style=""><img data-src="https://imgv2-2f.scribdassets.com/img/document/72768856/fit_to_size/144x192/0396ef142c/13663


47899" data-srcset="https://imgv2-2f.scribdassets.com/img/document/72768856/fit_to_size/144x192/0396ef142c/13663
47899 1x, https://imgv2-1f.scribdassets.com/img/document/72768856/fit_to_size/288x384/9458b0448f/13663
47899 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Para Phase</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;t6SEjlpWb6O6iHmKGdRHTKgKYx0=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="246563243" data-track="non_pmp_recommendations" datatrack_uuid="t6SEjlpWb6O6iHmKGdRHTKgKYx0=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/246563243/BA-4302-Assignment-9"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-2f.scribdassets.com/img/document/246563243/fit_to_size/144x192/d358418a59/143
2999549" data-srcset="https://imgv2-2f.scribdassets.com/img/document/246563243/fit_to_size/144x192/d358418a59/143
2999549 1x, https://imgv2-2f.scribdassets.com/img/document/246563243/fit_to_size/288x384/8e47c77d8d/1432
999549 2x" class="lazy_loading" alt=""><div
class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">BA 4302 Assignment 9</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;pVwETccw5HW8Z7zKbyXA3wxuGlg=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="63932862" data-track="non_pmp_recommendations" datatrack_uuid="pVwETccw5HW8Z7zKbyXA3wxuGlg=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/63932862/1332-3-Chapter-4" class="doc_link
"><div class="thumb object_cell_hover " style=""><img data-src="https://imgv22f.scribdassets.com/img/document/63932862/fit_to_size/144x192/5688c76070/13660
97330" data-srcset="https://imgv2-2f.scribdassets.com/img/document/63932862/fit_to_size/144x192/5688c76070/13660

97330 1x, https://imgv2-1f.scribdassets.com/img/document/63932862/fit_to_size/288x384/4bf981534d/13660


97330 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">1332_3_Chapter-4</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;QFXeO8/JJ/Sg5BUH5znWv6t+Arw=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="78123486" data-track="non_pmp_recommendations" datatrack_uuid="QFXeO8/JJ/Sg5BUH5znWv6t+Arw=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/78123486/Shirley-Lin-Movie-Rental-Industry"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-1f.scribdassets.com/img/document/78123486/fit_to_size/144x192/3f060a77e8/13635
67210" data-srcset="https://imgv2-1f.scribdassets.com/img/document/78123486/fit_to_size/144x192/3f060a77e8/13635
67210 1x, https://imgv2-1f.scribdassets.com/img/document/78123486/fit_to_size/288x384/9d7af74971/13635
67210 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Shirley Lin Movie Rental Industry</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;iT3HnWhyug5C8kDfg5502DW8/4A=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="25580106" data-track="non_pmp_recommendations" datatrack_uuid="iT3HnWhyug5C8kDfg5502DW8/4A=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/25580106/Glo-Bus-Team-Presentation"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-2f.scribdassets.com/img/document/25580106/fit_to_size/144x192/14af54a377/13742
00107" data-srcset="https://imgv2-2f.scribdassets.com/img/document/25580106/fit_to_size/144x192/14af54a377/13742
00107 1x, https://imgv2-2f.scribdassets.com/img/document/25580106/fit_to_size/288x384/3f0d52dd6c/13742
00107 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:

0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Glo-Bus Team Presentation </div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;SXUrWbI4rQFq22Y/mMQw3VBPtgM=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="16591671" data-track="non_pmp_recommendations" datatrack_uuid="SXUrWbI4rQFq22Y/mMQw3VBPtgM=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/16591671/Strategic-Management-Chap010"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-1f.scribdassets.com/img/document/16591671/fit_to_size/144x192/d2d4f34b9a/13574
04668" data-srcset="https://imgv2-1f.scribdassets.com/img/document/16591671/fit_to_size/144x192/d2d4f34b9a/13574
04668 1x, https://imgv2-2f.scribdassets.com/img/document/16591671/fit_to_size/288x384/3f0c7d4f39/13574
04668 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Strategic Management Chap010</div></a></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;VcUnLMiSSM+FeJwnOjt36K8ApH0=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="30761463" data-track="non_pmp_recommendations" datatrack_uuid="VcUnLMiSSM+FeJwnOjt36K8ApH0=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/30761463/Sara-Lee-Case-Analysis"
class="doc_link "><div class="thumb object_cell_hover " style=""><img datasrc="https://imgv2-2f.scribdassets.com/img/document/30761463/fit_to_size/144x192/c79eb3ffcd/137504
6048" data-srcset="https://imgv2-2f.scribdassets.com/img/document/30761463/fit_to_size/144x192/c79eb3ffcd/137504
6048 1x, https://imgv2-1f.scribdassets.com/img/document/30761463/fit_to_size/288x384/1f481c196c/13750
46048 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Sara Lee Case Analysis</div></a></div><div data-

track_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;U9VoDNMkcXATcQEuiw9V4KLHaL4=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="88488274" data-track="non_pmp_recommendations" datatrack_uuid="U9VoDNMkcXATcQEuiw9V4KLHaL4=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/88488274/Case-17" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-1f.scribdassets.com/img/document/88488274/fit_to_size/144x192/9b5c75a530/13999
73612" data-srcset="https://imgv2-1f.scribdassets.com/img/document/88488274/fit_to_size/144x192/9b5c75a530/13999
73612 1x, https://imgv2-2f.scribdassets.com/img/document/88488274/fit_to_size/288x384/44a2be5762/13999
73612 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Case 17</div></a></div></div></div></div><div
class="carousel_scrollbar"><div style="left: 0px; right: 783px;"
class="carousel_scrollbar_thumb"></div></div></div></div>
<div class="autogen_class_views_pdfs_lists_latest_user_docs document_carousel
autogen_class_views_shared_carousels_carousel autogen_class_widgets_base
has_paddles has_document_cells carousel_widget show_title document_carousel
regular_doc_thumb_width has_no_scrolling on_first_page on_last_page"
id="autogen_id_320496239" data-track_category="read2" datalazy_images="true"><h2 class="carousel_title" datatrack="more_from_this_user"><a
href="https://www.scribd.com/user/126611859/tylock96" class="title_link">More
From This User</a></h2><div class="carousel_outer"><div class="paddle
page_left carousel_prev" data-track="carousel:previous"></div><div
class="paddle page_right carousel_next" data-track="carousel:next"></div><div
class="carousel"><div class="carousel_scrolling"><div class="document_cell
object_cell " data-object_type="document" data-object_id="82143554" datatrack="more_from_this_user" data-reading_progress="0"><a
href="https://www.scribd.com/doc/82143554/Chap-007" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-2f.scribdassets.com/img/document/82143554/fit_to_size/144x192/598023953e/1411
234570" data-srcset="https://imgv2-2f.scribdassets.com/img/document/82143554/fit_to_size/144x192/598023953e/1411
234570 1x, https://imgv2-1f.scribdassets.com/img/document/82143554/fit_to_size/288x384/99128b9ffb/14112
34570 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:

0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chap 007</div></a></div><div class="document_cell
object_cell " data-object_type="document" data-object_id="81403512" datatrack="more_from_this_user" data-reading_progress="0"><a
href="https://www.scribd.com/doc/81403512/Chap-001" class="doc_link "><div
class="thumb object_cell_hover " style=""><img data-src="https://imgv2-1f.scribdassets.com/img/document/81403512/fit_to_size/144x192/aa36498f12/13409
78692" data-srcset="https://imgv2-1f.scribdassets.com/img/document/81403512/fit_to_size/144x192/aa36498f12/13409
78692 1x, https://imgv2-1f.scribdassets.com/img/document/81403512/fit_to_size/288x384/d1bcbb73ca/13409
78692 2x" class="lazy_loading" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div class="overlay"></div></div></div><div
class="under_title">Chap 001</div></a></div></div></div></div><div style=""
class="carousel_scrollbar"><div style="left: 0px; right: 0px;"
class="carousel_scrollbar_thumb"></div></div></div><script
type="text/javascript">
//<![CDATA[

new Scribd.UI.Carousel("#autogen_id_320496239", {"page":"read2"})

//]]>
</script>
</div></div></div></div><div class="sidebar_column"><div
class="autogen_class_views_pdfs_sidebar autogen_class_widgets_base"
id="autogen_id_104263185" data-track_category="sidebar"><div
class="padded_sidebar"><div class="document_data"><h1>Chap 008</h1><div
class="publish_info"><span class="decorative"> by </span><a
href="https://www.scribd.com/user/126611859/tylock96">tylock96</a></div><div
class="document_stats"><div class="stat_cell"><span
id="autogen_id_104260852" class="react_mount_node"><div class="star_ratings
current_user" data-reactid=".2"><span class="stars" data-reactid=".2.0"><span
class="rating_star icon-feature_outline" data-value="1" data-

reactid=".2.0.0"></span><span class="rating_star icon-feature_outline" datavalue="2" data-reactid=".2.0.1"></span><span class="rating_star iconfeature_outline" data-value="3" data-reactid=".2.0.2"></span><span


class="rating_star icon-feature_outline" data-value="4" datareactid=".2.0.3"></span><span class="rating_star icon-feature_outline" datavalue="5" data-reactid=".2.0.4"></span></span><span class="stats" datareactid=".2.1">(0 ratings)</span></div></span></div><span
class="stat_cell">16K views</span><!--total_views:29919--></div></div><div
class="share_row"><div class="autogen_class_views_shared_sharing_buttons
autogen_class_widgets_base sharing_buttons single_line"
id="autogen_id_104261440" data-sharing_opts="{&quot;title&quot;:&quot;Chap
008&quot;,&quot;url&quot;:&quot;https://www.scribd.com/doc/82909654/Chap008&quot;,&quot;description&quot;:null,&quot;thumbnail_url&quot;:&quot;https://i
mgv2-2f.scribdassets.com/img/document/82909654/original/6bca047106/1464735810&quo
t;}"><div class="facebook share_button"><a href="#"
class="share_facebook_btn"><span class="icon iconfacebook2"></span></a></div><div class="twitter share_button"><a href="#"
data-url="/book/82909654/Chap-008" class="share_twitter_btn" data-text="Im
reading Chap 008 on @Scribd #ReadMore"><span class="icon icontwitter"></span></a></div><div class="linkedin share_button"><a href="#"
class="share_linkedin_btn"><span class="icon iconlinkedin"></span></a></div><div class="email share_button"><a
target="_blank" href="mailto:?subject=Read%20Chap%20008%20on
%20Scribd&amp;body=Hi%20there,%0A%0AI%E2%80%99m%20reading%20Chap
%20008%20on%20Scribd%20and%20thought%20you%20might%20like%20it.%0A
%0AChap%20008%20by
%20tylock96%0Ahttps://www.scribd.com/book/82909654/Chap-008%0A%0AScribd
%20gives%20you%20monthly%20access%20to%20books,%20audiobooks,%20and
%20more%20-%20for%20less%20than%20the%20cost%20of%20a%20paperback.
%20Join%20today%20and%20start%20your%20free%2014%20days.%0A%0AFind
%20out%20more%20at:%20http://www.scribd.com/%0A" rel="nofollow" datatrack="share_email_btn"><span class="icon iconemail"></span></a></div></div><div class="embed_cell"><a href="#"
class="embed_btn" data-lightbox_url="https://www.scribd.com/read/embed_dialog?
id=82909654"><span class="icon iconembed"></span>Embed</a></div></div><div class="document_actions"><div
class="flat_btn action_button download_btn">Download</div><span
id="autogen_id_104266252" class="react_mount_node"><div
class="library_button has_actions_select" data-reactid=".3"><div
class="main_button inherit_tracking has_actions_select flat_btn outline_btn" datareactid=".3.0"><span data-reactid=".3.0.0"><span data-reactid=".3.0.0.0">Add to
library</span></span><div style="height: 30px; width: 30px; background-size:
30px auto;" class="scribd_spinner permanent_rotation" data-size="30" datareactid=".3.0.1"></div></div><div class="actions_select flat_btn outline_btn"
data-reactid=".3.1"><span class="icon-down_arrow" datareactid=".3.1.0"></span></div></div></span></div><div

class="collapse_data"><div class="on_more document_metadata"><div


class="data_row"><strong>Read on Scribd mobile: </strong><a
href="https://itunes.apple.com/us/app/scribd-worlds-largest-online/id542557212?
mt=8&amp;uo=4&amp;at=11lGEE" target="_blank">iPhone</a>, <a
href="https://itunes.apple.com/us/app/scribd-worlds-largest-online/id542557212?
mt=8&amp;uo=4&amp;at=11lGEE" target="_blank">iPad</a> and <a
href="https://play.google.com/store/apps/details?
id=com.scribd.app.reader0&amp;hl=en" target="_blank">Android</a>.</div><div
class="data_row"><strong>Copyright: </strong>Attribution Non-Commercial (BYNC)</div><div class="data_row"><strong>List price: </strong>$0.00</div><div
class="data_row"><strong>Download </strong> as DOC, PDF, TXT or read online
from Scribd</div><div class="flag_document data_row"><a
class="flag_document_btn" href="javascript:void(0)" datalightbox_url="https://www.scribd.com/read/flag_dialog?id=82909654">Flag for
inappropriate content</a></div></div><div class="more_toggle"><a
href="javascript:void(0)" class="more_description_btn"><span
class="on_less">More information</span><span class="on_more">Show
less</span></a></div></div>
<div class="autogen_class_views_pdfs_ssi_recommendations
autogen_class_widgets_base" id="autogen_id_735749179"><div
class="sidebar_rec_docs"><h3>Related</h3><div class="documents_page
has_document_cells visible"><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;laasoWQlqpzq9I/WA84uZ8bQl9E=&quot;}" data-track_rats="rc"
class="document_cell object_cell visibility_tracked" data-object_type="document"
data-object_id="82143554" data-track="select_all_recommendations" datatrack_uuid="laasoWQlqpzq9I/WA84uZ8bQl9E=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/82143554/Chap-007" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/82143554/fit_to_size/108x144/7abc9ec819/14112
34570" srcset="https://imgv2-1f.scribdassets.com/img/document/82143554/fit_to_size/108x144/7abc9ec819/14112
34570 1x, https://imgv2-1f.scribdassets.com/img/document/82143554/fit_to_size/216x288/d190717852/1411
234570 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/82143554/Chap-007" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/82143554/Chap-007"
class="doc_link "></a><a href="https://www.scribd.com/doc/82143554/Chap-007"
class="related_title">Chap 007</a></div><div class="related_publisher"><span

class="decorative">by</span> tylock96</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu


ot;LqhdV98NGqCaoQQJqAX4okGevhU=&quot;}" data-track_rats="rc"
class="document_cell object_cell visibility_tracked" data-object_type="document"
data-object_id="38517177" data-track="select_all_recommendations" datatrack_uuid="LqhdV98NGqCaoQQJqAX4okGevhU=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/38517177/ch1" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/38517177/fit_to_size/108x144/be5ffbe71e/14251
77619" srcset="https://imgv2-2f.scribdassets.com/img/document/38517177/fit_to_size/108x144/be5ffbe71e/14251
77619 1x, https://imgv2-1f.scribdassets.com/img/document/38517177/fit_to_size/216x288/46c9069839/14251
77619 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/38517177/ch1" class="doc_link "></a><div><a
href="https://www.scribd.com/doc/38517177/ch1" class="doc_link "></a><a
href="https://www.scribd.com/doc/38517177/ch1"
class="related_title">ch1</a></div><div class="related_publisher"><span
class="decorative">by</span> Katenka</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;pQn1gbW5UU0UKGlRfF5szl0UvVc=&quot;}" data-track_rats="rc"
class="document_cell object_cell visibility_tracked" data-object_type="document"
data-object_id="59176659" data-track="select_all_recommendations" datatrack_uuid="pQn1gbW5UU0UKGlRfF5szl0UvVc=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/59176659/Chapter-Review-A" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/59176659/fit_to_size/108x144/b83096d6da/13667
59898" srcset="https://imgv2-2f.scribdassets.com/img/document/59176659/fit_to_size/108x144/b83096d6da/13667
59898 1x, https://imgv2-2f.scribdassets.com/img/document/59176659/fit_to_size/216x288/b2aaf06a18/13667
59898 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/59176659/Chapter-Review-A" class="doc_link

"></a><div><a href="https://www.scribd.com/doc/59176659/Chapter-Review-A"
class="doc_link "></a><a href="https://www.scribd.com/doc/59176659/ChapterReview-A" class="related_title">Chapter Review A</a></div><div
class="related_publisher"><span class="decorative">by</span>
fobt90</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;997Ky+FdQbSWD4LxlELtoJNIRp0=&quot;}" data-track_rats="rc"
class="document_cell object_cell visibility_tracked" data-object_type="document"
data-object_id="134400233" data-track="select_all_recommendations" datatrack_uuid="997Ky+FdQbSWD4LxlELtoJNIRp0=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/134400233/Chapter-8-Unit-8" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/134400233/fit_to_size/108x144/98ef25e1c0/1382
498723" srcset="https://imgv2-2f.scribdassets.com/img/document/134400233/fit_to_size/108x144/98ef25e1c0/1382
498723 1x, https://imgv2-2f.scribdassets.com/img/document/134400233/fit_to_size/216x288/67b78794cc/1382
498723 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/134400233/Chapter-8-Unit-8" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/134400233/Chapter-8-Unit-8"
class="doc_link "></a><a href="https://www.scribd.com/doc/134400233/Chapter8-Unit-8" class="related_title">Chapter 8 Unit 8</a></div><div
class="related_publisher"><span class="decorative">by</span>
cutefeet</div></div></div></div><div class="documents_page
has_document_cells"><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;rlmOq243TxomEG/iUt7oS1ZUvls=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="74575900" data-track="select_all_recommendations" datatrack_uuid="rlmOq243TxomEG/iUt7oS1ZUvls=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/74575900/Quiz-3-Stmgmt" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/74575900/fit_to_size/108x144/d1b6462413/1362
448623" srcset="https://imgv2-1f.scribdassets.com/img/document/74575900/fit_to_size/108x144/d1b6462413/1362
448623 1x, https://imgv2-2f.scribdassets.com/img/document/74575900/fit_to_size/216x288/de132690cd/13624
48623 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:

0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/74575900/Quiz-3-Stmgmt" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/74575900/Quiz-3-Stmgmt"
class="doc_link "></a><a href="https://www.scribd.com/doc/74575900/Quiz-3Stmgmt" class="related_title">Quiz 3 Stmgmt</a></div><div
class="related_publisher"><span class="decorative">by</span> Joetta
Blevins</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;7y9/2Llaz2kl9ZkbDuC8LOti/o4=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="42546861" data-track="select_all_recommendations" datatrack_uuid="7y9/2Llaz2kl9ZkbDuC8LOti/o4=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/42546861/Chapter-6" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/42546861/fit_to_size/108x144/141d0dcc2b/13600
27764" srcset="https://imgv2-1f.scribdassets.com/img/document/42546861/fit_to_size/108x144/141d0dcc2b/13600
27764 1x, https://imgv2-2f.scribdassets.com/img/document/42546861/fit_to_size/216x288/4c0d1d5b27/13600
27764 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/42546861/Chapter-6" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/42546861/Chapter-6"
class="doc_link "></a><a href="https://www.scribd.com/doc/42546861/Chapter-6"
class="related_title">Chapter 6</a></div><div class="related_publisher"><span
class="decorative">by</span> alemubekele</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;IJ4IFq9ekvIhmxvw/4jW2Oa7qLA=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="79858644" data-track="select_all_recommendations" datatrack_uuid="IJ4IFq9ekvIhmxvw/4jW2Oa7qLA=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/79858644/Chapter-Quizes-Final" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/79858644/fit_to_size/108x144/5a6348111f/13648
53588" srcset="https://imgv2-1f.scribdassets.com/img/document/79858644/fit_to_size/108x144/5a6348111f/13648
53588 1x, https://imgv2-1-

f.scribdassets.com/img/document/79858644/fit_to_size/216x288/c919856250/13648
53588 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/79858644/Chapter-Quizes-Final" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/79858644/Chapter-QuizesFinal" class="doc_link "></a><a
href="https://www.scribd.com/doc/79858644/Chapter-Quizes-Final"
class="related_title">Chapter Quizes Final</a></div><div
class="related_publisher"><span class="decorative">by</span>
robertmorris</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;kWVt95ODusOqljkBqEUPJ8Ysybo=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="145556542" data-track="select_all_recommendations" datatrack_uuid="kWVt95ODusOqljkBqEUPJ8Ysybo=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/145556542/Chapter-2-Charting-a-Company-sDirection-Vision-and-Mission-Objectives-And-Strategy" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/145556542/fit_to_size/108x144/a7be9173fd/1421
555941" srcset="https://imgv2-1f.scribdassets.com/img/document/145556542/fit_to_size/108x144/a7be9173fd/1421
555941 1x, https://imgv2-2f.scribdassets.com/img/document/145556542/fit_to_size/216x288/2991884a1d/142
1555941 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/145556542/Chapter-2-Charting-a-Company-sDirection-Vision-and-Mission-Objectives-And-Strategy" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/145556542/Chapter-2-Chartinga-Company-s-Direction-Vision-and-Mission-Objectives-And-Strategy" class="doc_link
"></a><a href="https://www.scribd.com/doc/145556542/Chapter-2-Charting-aCompany-s-Direction-Vision-and-Mission-Objectives-And-Strategy"
class="related_title">Chapter 2 Charting a Company's Direction- Vision and Mission,
Objectives, And Strategy</a></div><div class="related_publisher"><span
class="decorative">by</span> youtest</div></div></div></div><div
class="documents_page has_document_cells"><div data-

track_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;hS9dcBxnQdSZqDI+PzmCPZKDjUM=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="49473046" data-track="select_all_recommendations" datatrack_uuid="hS9dcBxnQdSZqDI+PzmCPZKDjUM=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/49473046/MGMT-quiz1" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/49473046/fit_to_size/108x144/4454c785ea/14615
13596" srcset="https://imgv2-2f.scribdassets.com/img/document/49473046/fit_to_size/108x144/4454c785ea/14615
13596 1x, https://imgv2-2f.scribdassets.com/img/document/49473046/fit_to_size/216x288/50ec0df845/14615
13596 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/49473046/MGMT-quiz1" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/49473046/MGMT-quiz1"
class="doc_link "></a><a href="https://www.scribd.com/doc/49473046/MGMTquiz1" class="related_title">MGMT quiz1</a></div><div
class="related_publisher"><span class="decorative">by</span> Lei
Zhang</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;+8XFS8SQw5+ZpcHyDThcxMXuM1I=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="37170825" data-track="select_all_recommendations" datatrack_uuid="+8XFS8SQw5+ZpcHyDThcxMXuM1I=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/37170825/Chapter-1-2-Fall-2008" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/37170825/fit_to_size/108x144/518a0e2cec/13617
70193" srcset="https://imgv2-1f.scribdassets.com/img/document/37170825/fit_to_size/108x144/518a0e2cec/13617
70193 1x, https://imgv2-2f.scribdassets.com/img/document/37170825/fit_to_size/216x288/0ed7e32d4d/13617
70193 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/37170825/Chapter-1-2-Fall-2008" class="doc_link

"></a><div><a href="https://www.scribd.com/doc/37170825/Chapter-1-2-Fall2008" class="doc_link "></a><a


href="https://www.scribd.com/doc/37170825/Chapter-1-2-Fall-2008"
class="related_title">Chapter 1&amp;2 Fall 2008</a></div><div
class="related_publisher"><span class="decorative">by</span>
murdanetap957</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;HTfXP6DUt1NGFiXuRfAr0I50rUU=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="52655262" data-track="select_all_recommendations" datatrack_uuid="HTfXP6DUt1NGFiXuRfAr0I50rUU=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/52655262/chapter-11" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/52655262/fit_to_size/108x144/84b533d4d5/1374
436811" srcset="https://imgv2-1f.scribdassets.com/img/document/52655262/fit_to_size/108x144/84b533d4d5/1374
436811 1x, https://imgv2-2f.scribdassets.com/img/document/52655262/fit_to_size/216x288/57e1b63d8e/13744
36811 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/52655262/chapter-11" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/52655262/chapter-11"
class="doc_link "></a><a href="https://www.scribd.com/doc/52655262/chapter11" class="related_title">chapter 11</a></div><div
class="related_publisher"><span class="decorative">by</span> Mithun Bulbul
Ahmed</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;avE7fATLKvfd5k1SptoVT2m090U=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="67832814" data-track="select_all_recommendations" datatrack_uuid="avE7fATLKvfd5k1SptoVT2m090U=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/67832814/Quiz-Simulador" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/67832814/fit_to_size/108x144/2df5674640/14538
50416" srcset="https://imgv2-1f.scribdassets.com/img/document/67832814/fit_to_size/108x144/2df5674640/14538
50416 1x, https://imgv2-2f.scribdassets.com/img/document/67832814/fit_to_size/216x288/132006a070/1453
850416 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:

0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/67832814/Quiz-Simulador" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/67832814/Quiz-Simulador"
class="doc_link "></a><a href="https://www.scribd.com/doc/67832814/QuizSimulador" class="related_title">Quiz Simulador</a></div><div
class="related_publisher"><span class="decorative">by</span> Teotl
Kauitl</div></div></div></div><div class="documents_page
has_document_cells"><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;1gkuagD9zUxqQ0zKSWFNKVlLi68=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="135692631" data-track="select_all_recommendations" datatrack_uuid="1gkuagD9zUxqQ0zKSWFNKVlLi68=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/135692631/Chapter-7-Business-Policy"
class="doc_link "><div class="thumb object_cell_hover " style=""><img
src="https://imgv2-1f.scribdassets.com/img/document/135692631/fit_to_size/108x144/4fb048a195/1408
282754" srcset="https://imgv2-1f.scribdassets.com/img/document/135692631/fit_to_size/108x144/4fb048a195/1408
282754 1x, https://imgv2-1f.scribdassets.com/img/document/135692631/fit_to_size/216x288/0af7d954eb/1408
282754 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/135692631/Chapter-7-Business-Policy"
class="doc_link "></a><div><a
href="https://www.scribd.com/doc/135692631/Chapter-7-Business-Policy"
class="doc_link "></a><a href="https://www.scribd.com/doc/135692631/Chapter7-Business-Policy" class="related_title">Chapter 7 Business Policy</a></div><div
class="related_publisher"><span class="decorative">by</span>
mayk1234</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;MO7xaUDP2cvQ0yeTmopGgnuZ5RQ=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="25580364" data-track="select_all_recommendations" datatrack_uuid="MO7xaUDP2cvQ0yeTmopGgnuZ5RQ=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/25580364/Glo-Bus-Team-Strategic-Analysis"
class="doc_link "><div class="thumb object_cell_hover " style=""><img

src="https://imgv2-1f.scribdassets.com/img/document/25580364/fit_to_size/108x144/218beafe7b/14308
36784" srcset="https://imgv2-1f.scribdassets.com/img/document/25580364/fit_to_size/108x144/218beafe7b/14308
36784 1x, https://imgv2-1f.scribdassets.com/img/document/25580364/fit_to_size/216x288/f48dedfd10/14308
36784 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/25580364/Glo-Bus-Team-Strategic-Analysis"
class="doc_link "></a><div><a href="https://www.scribd.com/doc/25580364/GloBus-Team-Strategic-Analysis" class="doc_link "></a><a
href="https://www.scribd.com/doc/25580364/Glo-Bus-Team-Strategic-Analysis"
class="related_title">Glo-Bus Team Strategic Analysis</a></div><div
class="related_publisher"><span class="decorative">by</span>
Myra</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;+hdeRu3DOM6vxLWmXl0w0x6WcYI=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="78603352" data-track="select_all_recommendations" datatrack_uuid="+hdeRu3DOM6vxLWmXl0w0x6WcYI=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/78603352/Ch9-Diversification" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/78603352/fit_to_size/108x144/1bbbc1af26/13685
57280" srcset="https://imgv2-1f.scribdassets.com/img/document/78603352/fit_to_size/108x144/1bbbc1af26/13685
57280 1x, https://imgv2-1f.scribdassets.com/img/document/78603352/fit_to_size/216x288/e7293872cb/13685
57280 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/78603352/Ch9-Diversification" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/78603352/Ch9-Diversification"
class="doc_link "></a><a href="https://www.scribd.com/doc/78603352/Ch9Diversification" class="related_title">Ch9 Diversification</a></div><div
class="related_publisher"><span class="decorative">by</span>
sat444</div></div></div><div data-

track_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;M/1FadT8fVJHoiRISN62ZaNWvJ4=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="246563242" data-track="select_all_recommendations" datatrack_uuid="M/1FadT8fVJHoiRISN62ZaNWvJ4=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/246563242/Ba-4302-Assignment-8"
class="doc_link "><div class="thumb object_cell_hover " style=""><img
src="https://imgv2-1f.scribdassets.com/img/document/246563242/fit_to_size/108x144/da75a9f3e8/1433
513391" srcset="https://imgv2-1f.scribdassets.com/img/document/246563242/fit_to_size/108x144/da75a9f3e8/1433
513391 1x, https://imgv2-2f.scribdassets.com/img/document/246563242/fit_to_size/216x288/b613e6d047/143
3513391 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/246563242/Ba-4302-Assignment-8"
class="doc_link "></a><div><a href="https://www.scribd.com/doc/246563242/Ba4302-Assignment-8" class="doc_link "></a><a
href="https://www.scribd.com/doc/246563242/Ba-4302-Assignment-8"
class="related_title">Ba 4302 Assignment 8</a></div><div
class="related_publisher"><span class="decorative">by</span>
zaheer78607</div></div></div></div><div class="documents_page
has_document_cells"><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;kL7FvIMPYZh/IC6wjOqVmgYN/24=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="86792095" data-track="select_all_recommendations" datatrack_uuid="kL7FvIMPYZh/IC6wjOqVmgYN/24=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/86792095/Case-23-Starbucks" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/86792095/fit_to_size/108x144/1cf730fae7/136950
0888" srcset="https://imgv2-2f.scribdassets.com/img/document/86792095/fit_to_size/108x144/1cf730fae7/136950
0888 1x, https://imgv2-1f.scribdassets.com/img/document/86792095/fit_to_size/216x288/5275246849/1369
500888 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon icon-

ic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/86792095/Case-23-Starbucks" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/86792095/Case-23-Starbucks"
class="doc_link "></a><a href="https://www.scribd.com/doc/86792095/Case-23Starbucks" class="related_title">Case #23 Starbucks</a></div><div
class="related_publisher"><span class="decorative">by</span>
sueysuey62</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;1zgFTTbEe6mT/ZRAAaGHW9Quc+g=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="81889940" data-track="select_all_recommendations" datatrack_uuid="1zgFTTbEe6mT/ZRAAaGHW9Quc+g=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/81889940/Chap-001" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/81889940/fit_to_size/108x144/84f6ccd084/13494
94997" srcset="https://imgv2-1f.scribdassets.com/img/document/81889940/fit_to_size/108x144/84f6ccd084/13494
94997 1x, https://imgv2-1f.scribdassets.com/img/document/81889940/fit_to_size/216x288/1f862f0ce5/134949
4997 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/81889940/Chap-001" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/81889940/Chap-001"
class="doc_link "></a><a href="https://www.scribd.com/doc/81889940/Chap-001"
class="related_title">Chap 001</a></div><div class="related_publisher"><span
class="decorative">by</span> Jeffrey Endaya</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;8F+5JwimkBejr5bcWaboSegGw/A=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="62187380" data-track="select_all_recommendations" datatrack_uuid="8F+5JwimkBejr5bcWaboSegGw/A=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/62187380/Student-Comment" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/62187380/fit_to_size/108x144/b21e18d260/1355
376076" srcset="https://imgv2-1f.scribdassets.com/img/document/62187380/fit_to_size/108x144/b21e18d260/1355
376076 1x, https://imgv2-2f.scribdassets.com/img/document/62187380/fit_to_size/216x288/b705d81013/1355
376076 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div

class="reading_progress_inner reading_progress_percentage" style="width:


0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/62187380/Student-Comment" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/62187380/Student-Comment"
class="doc_link "></a><a href="https://www.scribd.com/doc/62187380/StudentComment" class="related_title">Student Comment</a></div><div
class="related_publisher"><span class="decorative">by</span>
raghul48</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;Bqa3bq6KYjjDumSOY869Hc+t/IQ=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="232665929" data-track="select_all_recommendations" datatrack_uuid="Bqa3bq6KYjjDumSOY869Hc+t/IQ=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/232665929/Test-Bank-Chap-1" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/232665929/fit_to_size/108x144/2deb9a4317/1433
018132" srcset="https://imgv2-1f.scribdassets.com/img/document/232665929/fit_to_size/108x144/2deb9a4317/1433
018132 1x, https://imgv2-1f.scribdassets.com/img/document/232665929/fit_to_size/216x288/6c958094eb/1433
018132 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/232665929/Test-Bank-Chap-1" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/232665929/Test-Bank-Chap-1"
class="doc_link "></a><a href="https://www.scribd.com/doc/232665929/TestBank-Chap-1" class="related_title">Test Bank Chap 1</a></div><div
class="related_publisher"><span class="decorative">by</span>
Trang312</div></div></div></div><div class="documents_page
has_document_cells"><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;vGrs+K4mtO4bRGzGLDriJQ4/e/A=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="16591680" data-track="select_all_recommendations" datatrack_uuid="vGrs+K4mtO4bRGzGLDriJQ4/e/A=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/16591680/Strategic-Management-Chap011"
class="doc_link "><div class="thumb object_cell_hover " style=""><img
src="https://imgv2-1-

f.scribdassets.com/img/document/16591680/fit_to_size/108x144/85e06a6eaa/13685
27782" srcset="https://imgv2-1f.scribdassets.com/img/document/16591680/fit_to_size/108x144/85e06a6eaa/13685
27782 1x, https://imgv2-1f.scribdassets.com/img/document/16591680/fit_to_size/216x288/cea930a5e5/13685
27782 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/16591680/Strategic-Management-Chap011"
class="doc_link "></a><div><a
href="https://www.scribd.com/doc/16591680/Strategic-Management-Chap011"
class="doc_link "></a><a href="https://www.scribd.com/doc/16591680/StrategicManagement-Chap011" class="related_title">Strategic Management
Chap011</a></div><div class="related_publisher"><span
class="decorative">by</span> rizz_inkays</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;1c78JO1O+rXA+/pXoVHSzq1L8Nw=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="92075337" data-track="select_all_recommendations" datatrack_uuid="1c78JO1O+rXA+/pXoVHSzq1L8Nw=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/92075337/Chap-001" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/92075337/fit_to_size/108x144/772163eef0/13600
18763" srcset="https://imgv2-1f.scribdassets.com/img/document/92075337/fit_to_size/108x144/772163eef0/13600
18763 1x, https://imgv2-1f.scribdassets.com/img/document/92075337/fit_to_size/216x288/2c71c6195f/13600
18763 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/92075337/Chap-001" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/92075337/Chap-001"
class="doc_link "></a><a href="https://www.scribd.com/doc/92075337/Chap-001"
class="related_title">Chap 001</a></div><div class="related_publisher"><span
class="decorative">by</span> Rafsun Onyx</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;ghf7/TFIf2SKIi9z6qPAFjtEOYA=&quot;}" data-track_rats="rc"

class="document_cell object_cell " data-object_type="document" dataobject_id="72768856" data-track="select_all_recommendations" datatrack_uuid="ghf7/TFIf2SKIi9z6qPAFjtEOYA=" data-reading_progress="0"><a


href="https://www.scribd.com/doc/72768856/Para-Phase" class="doc_link "><div
class="thumb object_cell_hover " style=""><img src="https://imgv2-2f.scribdassets.com/img/document/72768856/fit_to_size/108x144/a34b75d329/1366
347899" srcset="https://imgv2-2f.scribdassets.com/img/document/72768856/fit_to_size/108x144/a34b75d329/1366
347899 1x, https://imgv2-1f.scribdassets.com/img/document/72768856/fit_to_size/216x288/43cbf745b3/13663
47899 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/72768856/Para-Phase" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/72768856/Para-Phase"
class="doc_link "></a><a href="https://www.scribd.com/doc/72768856/ParaPhase" class="related_title">Para Phase</a></div><div
class="related_publisher"><span class="decorative">by</span> Nguyn Trung
Hiu</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;t6SEjlpWb6O6iHmKGdRHTKgKYx0=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="246563243" data-track="select_all_recommendations" datatrack_uuid="t6SEjlpWb6O6iHmKGdRHTKgKYx0=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/246563243/BA-4302-Assignment-9"
class="doc_link "><div class="thumb object_cell_hover " style=""><img
src="https://imgv2-1f.scribdassets.com/img/document/246563243/fit_to_size/108x144/6fdc4e60be/1432
999549" srcset="https://imgv2-1f.scribdassets.com/img/document/246563243/fit_to_size/108x144/6fdc4e60be/1432
999549 1x, https://imgv2-1f.scribdassets.com/img/document/246563243/fit_to_size/216x288/a22946156d/143
2999549 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/246563243/BA-4302-Assignment-9"
class="doc_link "></a><div><a href="https://www.scribd.com/doc/246563243/BA-

4302-Assignment-9" class="doc_link "></a><a


href="https://www.scribd.com/doc/246563243/BA-4302-Assignment-9"
class="related_title">BA 4302 Assignment 9</a></div><div
class="related_publisher"><span class="decorative">by</span>
zaheer78607</div></div></div></div><div class="documents_page
has_document_cells"><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;pVwETccw5HW8Z7zKbyXA3wxuGlg=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="63932862" data-track="select_all_recommendations" datatrack_uuid="pVwETccw5HW8Z7zKbyXA3wxuGlg=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/63932862/1332-3-Chapter-4" class="doc_link
"><div class="thumb object_cell_hover " style=""><img src="https://imgv2-1f.scribdassets.com/img/document/63932862/fit_to_size/108x144/4c8340cc48/13660
97330" srcset="https://imgv2-1f.scribdassets.com/img/document/63932862/fit_to_size/108x144/4c8340cc48/13660
97330 1x, https://imgv2-2f.scribdassets.com/img/document/63932862/fit_to_size/216x288/e8207cd222/13660
97330 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/63932862/1332-3-Chapter-4" class="doc_link
"></a><div><a href="https://www.scribd.com/doc/63932862/1332-3-Chapter-4"
class="doc_link "></a><a href="https://www.scribd.com/doc/63932862/1332-3Chapter-4" class="related_title">1332_3_Chapter-4</a></div><div
class="related_publisher"><span class="decorative">by</span> Faraz
Bocus</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;QFXeO8/JJ/Sg5BUH5znWv6t+Arw=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="78123486" data-track="select_all_recommendations" datatrack_uuid="QFXeO8/JJ/Sg5BUH5znWv6t+Arw=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/78123486/Shirley-Lin-Movie-Rental-Industry"
class="doc_link "><div class="thumb object_cell_hover " style=""><img
src="https://imgv2-2f.scribdassets.com/img/document/78123486/fit_to_size/108x144/de9b8724a5/13635
67210" srcset="https://imgv2-2f.scribdassets.com/img/document/78123486/fit_to_size/108x144/de9b8724a5/13635
67210 1x, https://imgv2-2f.scribdassets.com/img/document/78123486/fit_to_size/216x288/35a5361d81/1363
567210 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div

class="reading_progress_inner reading_progress_percentage" style="width:


0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/78123486/Shirley-Lin-Movie-Rental-Industry"
class="doc_link "></a><div><a
href="https://www.scribd.com/doc/78123486/Shirley-Lin-Movie-Rental-Industry"
class="doc_link "></a><a href="https://www.scribd.com/doc/78123486/Shirley-LinMovie-Rental-Industry" class="related_title">Shirley Lin Movie Rental
Industry</a></div><div class="related_publisher"><span
class="decorative">by</span> Shirley</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;iT3HnWhyug5C8kDfg5502DW8/4A=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="25580106" data-track="select_all_recommendations" datatrack_uuid="iT3HnWhyug5C8kDfg5502DW8/4A=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/25580106/Glo-Bus-Team-Presentation"
class="doc_link "><div class="thumb object_cell_hover " style=""><img
src="https://imgv2-2f.scribdassets.com/img/document/25580106/fit_to_size/108x144/2e874ad967/13742
00107" srcset="https://imgv2-2f.scribdassets.com/img/document/25580106/fit_to_size/108x144/2e874ad967/13742
00107 1x, https://imgv2-2f.scribdassets.com/img/document/25580106/fit_to_size/216x288/377f0fa3cc/137420
0107 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/25580106/Glo-Bus-Team-Presentation"
class="doc_link "></a><div><a href="https://www.scribd.com/doc/25580106/GloBus-Team-Presentation" class="doc_link "></a><a
href="https://www.scribd.com/doc/25580106/Glo-Bus-Team-Presentation"
class="related_title">Glo-Bus Team Presentation </a></div><div
class="related_publisher"><span class="decorative">by</span>
Myra</div></div></div><div datatrack_rats_value="{&quot;vi&quot;:&quot;9860699350.0&quot;,&quot;ri&quot;:&qu
ot;SXUrWbI4rQFq22Y/mMQw3VBPtgM=&quot;}" data-track_rats="rc"
class="document_cell object_cell " data-object_type="document" dataobject_id="16591671" data-track="select_all_recommendations" datatrack_uuid="SXUrWbI4rQFq22Y/mMQw3VBPtgM=" data-reading_progress="0"><a
href="https://www.scribd.com/doc/16591671/Strategic-Management-Chap010"

class="doc_link "><div class="thumb object_cell_hover " style=""><img


src="https://imgv2-1f.scribdassets.com/img/document/16591671/fit_to_size/108x144/4b5800e5d7/1357
404668" srcset="https://imgv2-1f.scribdassets.com/img/document/16591671/fit_to_size/108x144/4b5800e5d7/1357
404668 1x, https://imgv2-2f.scribdassets.com/img/document/16591671/fit_to_size/216x288/4828621a6f/13574
04668 2x" alt=""><div class="reading_progress_outer"><div
class="reading_progress_outer_dark_overlay"></div><div
class="reading_progress_inner reading_progress_percentage" style="width:
0%"></div></div><div class="shadow_overlay"></div><div
class="action_layer"><div class="main_action"><div class="read_icon iconcontents"></div><div class="play_icon iconic_play_bookpage"></div></div><div
class="overlay"></div></div></div></a><div class="related_data"><a
href="https://www.scribd.com/doc/16591671/Strategic-Management-Chap010"
class="doc_link "></a><div><a
href="https://www.scribd.com/doc/16591671/Strategic-Management-Chap010"
class="doc_link "></a><a href="https://www.scribd.com/doc/16591671/StrategicManagement-Chap010" class="related_title">Strategic Management
Chap010</a></div><div class="related_publisher"><span
class="decorative">by</span> rizz_inkays</div></div></div></div><span
id="autogen_id_735750478" class="react_mount_node"><div
class="autogen_class_views_pdfs_sidebar_paginator related_pager" datareactid=".0"><div class="pager_navigate" data-reactid=".0.0"><a class="" datareactid=".0.0.0">Previous</a><div class="bar" data-reactid=".0.0.1"></div><a
class="active" data-reactid=".0.0.2">Next</a></div><div
class="related_current_page" data-reactid=".0.1">Page 1 of
7</div></div></span><script type="text/javascript">
//<![CDATA[

Scribd.R.render(Scribd.R.Pdfs.SidebarPaginator({"num_pages":7}), $
("#autogen_id_735750478")[0]);

//]]>
</script></div></div><script type="text/javascript">
//<![CDATA[
new Scribd.PdfsSsiRecommendations("#autogen_id_735749179", {"sidebar":
{"compilation_id":"XHi7J/6LNj6xms31SDn/ca0FqXE=","module_id":"R1wlSJHjbQt4c2f
s+63b9j/iH24="}});

//]]>
</script>
</div><div class="autogen_class_views_pdfs_sidebar_footer
autogen_class_views_chrome_footer autogen_class_widgets_base global_footer"
id="global_footer"><div class="padded_footer"><div class="joint_columns"><div
class="joint_column"><div class="column "><strong
class="social_title">About</strong><ul class="list"><li><a
href="https://www.scribd.com/books">Browse books</a></li><li><a
href="https://www.scribd.com/directory">Site directory</a></li><li><a
href="https://www.scribd.com/about">About Scribd</a></li><li><a
href="https://www.scribd.com/about/team">Meet the team</a></li><li><a
href="http://blog.scribd.com/">Our blog</a></li><li><a
href="https://www.scribd.com/about/jobs">Join our team!</a></li><li><a
href="https://www.scribd.com/contact">Contact Us</a></li></ul></div><div
class="column "><strong class="social_title">Partners</strong><ul
class="list"><li><a
href="https://www.scribd.com/publishers">Publishers</a></li><li><a
href="https://www.scribd.com/developers">Developers /
API</a></li></ul></div><div class="column "><strong
class="social_title">Memberships</strong><ul class="list"><li><a
href="https://www.scribd.com/subscribe">Join today</a></li><li><a
href="https://www.scribd.com/referrals?source=footer">Invite
Friends</a></li><li><a
href="https://www.scribd.com/giftcards">Gifts</a></li></ul></div></div><div
class="joint_column"><div class="column "><strong
class="social_title">Support</strong><ul class="list"><li><a
href="http://support.scribd.com/login">Help</a></li><li><a
href="https://www.scribd.com/faq">FAQ</a></li><li><a
href="http://support.scribd.com/entries/107868373-Scribd-AccessibilityPolicy">Accessibility</a></li><li><a
href="https://www.scribd.com/press">Press</a></li><li><a
href="http://support.scribd.com/forums/189164-Purchases-subscriptions-andrefunds">Purchase help</a></li><li><span class="sprite
ad_choices"></span><a href="https://www.scribd.com/faq?
item=adchoices">AdChoices</a></li></ul></div><div class="column
legal"><strong class="social_title">Legal</strong><ul class="list"><li><a
href="https://www.scribd.com/terms">Terms</a></li><li><a
href="https://www.scribd.com/privacy">Privacy</a></li><li><a
href="https://www.scribd.com/copyright">Copyright</a></li></ul></div></div><
/div><div class="external_links"><div class="app_store_buttons"><a
href="https://itunes.apple.com/us/app/scribd-worlds-largest-online/id542557212?
mt=8&amp;uo=4&amp;at=11lGEE" class="app_link"><img src="https://s2f.scribdassets.com/images/footer/apple-badge2x.png?1465593790" alt="Scribd on
Appstore" class="app_store_img"></a><a

href="https://play.google.com/store/apps/details?
id=com.scribd.app.reader0&amp;hl=en" class="app_link"><img src="https://s1f.scribdassets.com/images/footer/google-play-badge.png?1465593790" alt="Scribd
on Google Play" class="app_store_img play_store_link"></a></div><div
class="autogen_class_views_chrome_social_buttons autogen_class_widgets_base
social_icons" id="autogen_id_104267209"><span class="icontainer"><a
class="icon icon-scribd_social scribd"
href="http://blog.scribd.com"></a></span><span class="icontainer"><a
class="icon icon-facebook2 facebook"
href="https://www.facebook.com/pages/Scribd/6978454082"></a></span><span
class="icontainer"><a class="icon icon-twitter twitter"
href="https://twitter.com/scribd"></a></span><span class="icontainer"><a
class="icon icon-pinterest pinterest"
href="https://www.pinterest.com/scribd/"></a></span></div></div></div><div
class="autogen_class_views_chrome_footer_links autogen_class_widgets_base
secondary_links" id="autogen_id_104264744"><span class="copyright
secondary">Copyright &copy; 2016 Scribd Inc. </span><span
class="dot_divider">.</span><a href="https://www.scribd.com/terms"
class="secondary">Terms of service</a><span class="dot_divider
hide_on_responsive">.</span><a
href="http://support.scribd.com/entries/107868373-Scribd-Accessibility-Policy"
class="secondary">Accessibility</a><span class="dot_divider">.</span><a
href="https://www.scribd.com/privacy" class="secondary">Privacy</a><span
class="dot_divider">.</span><a href="https://www.scribd.com/mobile?
remobile=1" class="secondary">Mobile Site</a><span
class="dot_divider">.</span><span class="secondary language">Site Language:
<div class="autogen_class_views_chrome_language_selector
autogen_class_widgets_base footer_cell" id="autogen_id_104265412"><div
class="autogen_class_views_shared_popover autogen_class_widgets_base popover
top " id="autogen_id_104270078"><div class="popover_trigger"><div
class="language"><a class="language_link">English</a> </div></div><div
class="popover_content"><div class="popover_arrow"></div><div
class="language_selector"><div class="language_list"><div data-id="en"
class="item active"><a href="/language?anchor=&amp;destination=https%3A%2F
%2Fwww.scribd.com%2Fdoc%2F82909654&amp;id=en" class="change_language"
rel="nofollow">English</a></div><div data-id="zh" class="item"><a
href="/language?anchor=&amp;destination=https%3A%2F%2Fzh.scribd.com
%2Fdoc%2F82909654&amp;id=zh" class="change_language" rel="nofollow">
</a></div><div data-id="es" class="item"><a href="/language?
anchor=&amp;destination=https%3A%2F%2Fes.scribd.com%2Fdoc
%2F82909654&amp;id=es" class="change_language"
rel="nofollow">Espaol</a></div><div data-id="ar" class="item"><a
href="/language?anchor=&amp;destination=https%3A%2F%2Far.scribd.com
%2Fdoc%2F82909654&amp;id=ar" class="change_language" rel="nofollow">
</a></div><div data-id="pt-br" class="item"><a href="/language?
anchor=&amp;destination=https%3A%2F%2Fpt.scribd.com%2Fdoc
%2F82909654&amp;id=pt-br" class="change_language"

rel="nofollow">Portugus</a></div><div data-id="ja" class="item"><a


href="/language?anchor=&amp;destination=https%3A%2F%2Fja.scribd.com
%2Fdoc%2F82909654&amp;id=ja" class="change_language" rel="nofollow">
</a></div><div data-id="de" class="item"><a href="/language?
anchor=&amp;destination=https%3A%2F%2Fde.scribd.com%2Fdoc
%2F82909654&amp;id=de" class="change_language"
rel="nofollow">Deutsch</a></div><div data-id="fr" class="item"><a
href="/language?anchor=&amp;destination=https%3A%2F%2Ffr.scribd.com%2Fdoc
%2F82909654&amp;id=fr" class="change_language"
rel="nofollow">Franais</a></div><div data-id="tr" class="item"><a
href="/language?anchor=&amp;destination=https%3A%2F%2Ftr.scribd.com
%2Fdoc%2F82909654&amp;id=tr" class="change_language"
rel="nofollow">Turkce</a></div><div data-id="ru" class="item"><a
href="/language?anchor=&amp;destination=https%3A%2F%2Fru.scribd.com
%2Fdoc%2F82909654&amp;id=ru" class="change_language"
rel="nofollow"> </a></div><div data-id="vi" class="item"><a
href="/language?anchor=&amp;destination=https%3A%2F%2Fvi.scribd.com
%2Fdoc%2F82909654&amp;id=vi" class="change_language" rel="nofollow">Ting
vit</a></div><div data-id="pl" class="item"><a href="/language?
anchor=&amp;destination=https%3A%2F%2Fpl.scribd.com%2Fdoc
%2F82909654&amp;id=pl" class="change_language" rel="nofollow">Jzyk
polski</a></div><div data-id="id" class="item"><a href="/language?
anchor=&amp;destination=https%3A%2F%2Fid.scribd.com%2Fdoc
%2F82909654&amp;id=id" class="change_language" rel="nofollow">Bahasa
indonesia</a></div></div></div></div></div></div></span></div></div></di
v></div></div><div class="seo_banner_drop"></div><div
class="templates"><script type="text/template"
id="page_blur_promo_template"><div
class="autogen_class_views_pdfs_page_blur_promo autogen_class_widgets_base"
id="autogen_id_104271214"><div class="page_blur_promo_overlay"></div><div
class="page_blur_promo"><h2>You&#39;re Reading a Free Preview</h2><p
class="gap"></p><a class="missing_page_buy_button download
flat_btn">Download</a></div></div></script><script type="text/template"
id="seo_banner_template" data-content="<div
class=&quot;autogen_class_views_pdfs_seo_banner autogen_class_widgets_base
seo_banner&quot; id=&quot;autogen_id_104268404&quot; datatrack_category=&quot;seo_banner&quot;><div class=&quot;message_area
seo_banner_message_area&quot;><h1
class=&quot;seo_banner_header&quot;>Join the membership for
readers.</h1><h2 class=&quot;seo_banner_sub_header&quot;>Books,
audiobooks, documents, sheet music and more.</h2></div><div
class=&quot;books_image&quot;></div><div class=&quot;button_area&quot;><a
href=&quot;https://www.scribd.com/subscribe?action=DocPromoThree&quot;
class=&quot;flat_btn subscribe_btn seo_banner_cta_button&quot;
target=&quot;blank&quot;>Start your free trial</a><h2
class=&quot;seo_banner_under_cta&quot;></h2></div></div><script
type=&quot;text/javascript&quot;>

//<![CDATA[
new Scribd.SeoBanner(&quot;#autogen_id_104268404&quot;,
{&quot;subscribe_url&quot;:&quot;/archive/pmp_checkout?metadata=%7B
%22context%22%3A%22pmp%22%2C%22page%22%3A%22seo_banner%22%2C
%22action%22%3A%22start_trial%22%2C%22logged_in%22%3Afalse%2C
%22platform%22%3A%22web%22%7D&quot;})

//]]>
</script>"></script></div></div><div
class="tooltip_container"></div></div><div id="font_preload_bed"
style="position:absolute; height: 1px; left: 0; top:0; max-width: 100%; visibility:
hidden; overflow: hidden"><span style="font-family: ff0">scribd.</span> <span
style="font-family: ff1">scribd.</span> <span style="font-family:
ff2">scribd.</span> <span style="font-family: ff3">scribd.</span> <span
style="font-family: ff4">scribd.</span> <span style="font-family:
ff5">scribd.</span> <span style="font-family: ff6">scribd.</span> <span
style="font-family: ff7">scribd.</span> <span style="font-family:
ff8">scribd.</span> </div><div id="lightboxes"><div
class="autogen_class_views_chrome_login_lightboxes login_forms
autogen_class_widgets_base" id="autogen_id_104275326" datatrack_category="login_lightboxes"><script type="template" id="login_lb" datatemplate="<div id=&quot;login_lb&quot; datatrack_category=&quot;lightbox&quot; class=&quot;lightbox
autogen_class_views_chrome_login_login_signup_lightbox
autogen_class_widgets_lightbox autogen_class_widgets_base signup_flow_lb
vertically_centered&quot; style=&quot;display: none;&quot;><div
class=&quot;wrapper&quot;><div class=&quot;close_button&quot;><span
class=&quot;icon-close&quot;></span></div><div
class=&quot;content&quot;><div class=&quot;inline_flash&quot;></div><div
class=&quot;autogen_class_views_chrome_login_login_signup_lightbox_forms
login_forms autogen_class_widgets_base&quot;
id=&quot;autogen_id_104272760&quot;><div
class=&quot;signin_container&quot;><h1>Welcome back</h1><h2
class=&quot;subtext&quot;>Find a book, put up your feet, stay awhile</h2><div
class=&quot;input_error&quot;></div><div
class=&quot;facebook_container&quot;><div class=&quot;facebook_login_button
autogen_class_widgets_base&quot; id=&quot;autogen_id_104273948&quot; dataremote=&quot;true&quot;><span class=&quot;scribd_fb_button&quot;><span
class=&quot;fb_label&quot;><span class=&quot;icon iconfacebook&quot;></span><span class=&quot;inner&quot;>Sign in with
Facebook</span></span></span><p class=&quot;fb_fail_message&quot;
style=&quot;display: none;&quot;>Sorry, we are unable to log you in via Facebook
at this time. Please try again later.</p><div class=&quot;scribd_spinner
loader&quot; data-size=&quot;30&quot;></div><form

style=&quot;display:none&quot; method=&quot;post&quot;
action=&quot;https://www.scribd.com/facebook_session&quot;><input
id=&quot;on_success_redirect_to&quot; name=&quot;on_success_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;/doc/82909654&quot; /><input
id=&quot;on_error_redirect_to&quot; name=&quot;on_error_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;http://www.scribd.com/doc/82909654?
no_cache=1465609614&quot; /><div class=&quot;session_fields
has_login_context&quot;></div></form></div><script
type=&quot;text/javascript&quot;>
//<![CDATA[
new Scribd.FacebookLoginButton(&quot;#autogen_id_104273948&quot;);

//]]>
</script></div><div class=&quot;break&quot;>or</div><form
method=&quot;post&quot; action=&quot;https://www.scribd.com/login&quot;
class=&quot;login_form newform&quot; data-remote=&quot;true&quot; datatype=&quot;json&quot;><div class=&quot;hidden_fields
has_login_context&quot;><input type=&quot;hidden&quot;
name=&quot;login_params[next_url]&quot;
value=&quot;/doc/82909654&quot;><input type=&quot;hidden&quot;
name=&quot;login_params[context]&quot;
value=&quot;&quot;></div><label><input type=&quot;text&quot;
class=&quot;input&quot; name=&quot;login_or_email&quot; size=&quot;20&quot;
placeholder=&quot;Email Address or Username&quot;></label><label><input
type=&quot;password&quot; class=&quot;input&quot;
name=&quot;login_password&quot; size=&quot;20&quot;
placeholder=&quot;Password&quot;></label><label class=&quot;inline
checkbox&quot;><input type=&quot;checkbox&quot; class=&quot;&quot;
name=&quot;rememberme&quot; checked=&quot;checked&quot;><div
class=&quot;label_text&quot;>Remember me</div></label><a
href=&quot;/password/forgot&quot;
class=&quot;forgot_password_btn&quot;>Forgot password?</a><div
class=&quot;button_container&quot;><button data-act_as=&quot;submit&quot;
id=&quot;login_submit_btn&quot; class=&quot;flat_btn&quot;><div
class=&quot;scribd_spinner&quot; data-size=&quot;30&quot;></div>Sign
in</button></div><div class=&quot;join_today&quot;>Not a member? <a
href=&quot;#&quot; class=&quot;join_today_btn&quot;>Join
today</a></div></form></div></div></div></div></div>"></script><script
type="template" id="login_successful_lb" data-template="<div
class=&quot;lightbox login_successful_lb vertically_centered signup_flow_lb&quot;
id=&quot;login_successful_lb&quot; style=&quot;display: none;&quot;><div
class=&quot;wrapper&quot;><div class=&quot;close_button&quot;><span
class=&quot;icon-close&quot;></span></div><div
class=&quot;content&quot;><div class=&quot;inline_flash&quot;></div><div

class=&quot;login_message&quot;><h1>Sign In Successful</h1></div><div
class=&quot;signup_message&quot;><h1>Sign Up
Successful</h1></div><h3>Now bringing you back...</h3><div
class=&quot;scribd_spinner loader&quot; datasize=&quot;30&quot;></div></div></div></div>"></script><script
type="template" id="forgot_password_lb" data-template="<div
class=&quot;lightbox forgot_password_lb signup_flow_lb vertically_centered&quot;
id=&quot;forgot_password_lb&quot; style=&quot;display: none;&quot;><div
class=&quot;wrapper&quot;><div class=&quot;close_button&quot;><span
class=&quot;icon-close&quot;></span></div><div
class=&quot;content&quot;><div
class=&quot;inline_flash&quot;></div><h1>Reset Password</h1><h2>Enter your
email address and we'll send you an email with a link to reset your
password.</h2><form accept-charset=&quot;UTF-8&quot;
action=&quot;/password/forgot&quot; class=&quot;forgot_password_form
newform&quot; data-remote=&quot;true&quot; data-type=&quot;json&quot;
method=&quot;post&quot;><div
style=&quot;margin:0;padding:0;display:inline&quot;><input
name=&quot;utf8&quot; type=&quot;hidden&quot;
value=&quot;&amp;#x2713;&quot; /><input
name=&quot;authenticity_token&quot; type=&quot;hidden&quot;
value=&quot;IrGtzmazJ0NROzRO7rCjMPj1FKoI2BbzOwxUtYE/Bd0=&quot;
/></div><div class=&quot;input_error&quot;></div><label><input
type=&quot;email&quot; class=&quot;input email_input&quot;
name=&quot;email&quot; placeholder=&quot;Email Address&quot;></label><div
class=&quot;login_information&quot;><label><input type=&quot;text&quot;
class=&quot;input&quot; name=&quot;login&quot;></label></div><div
class=&quot;button_container&quot;><div data-act_as=&quot;submit&quot;
class=&quot;flat_btn&quot;><div class=&quot;scribd_spinner&quot; datasize=&quot;30&quot;></div>Submit</div><input type=&quot;submit&quot;
class=&quot;invisible&quot;><span class=&quot;pseudo_link
back_to_login&quot;>Back to sign
in</span></div></form></div></div></div>"></script><script type="template"
id="password_reset_email_sent_lb" data-template="<div class=&quot;lightbox
password_reset_email_sent_lb signup_flow_lb vertically_centered&quot;
id=&quot;password_reset_email_sent_lb&quot; style=&quot;display:
none;&quot;><div class=&quot;wrapper&quot;><div
class=&quot;close_button&quot;><span class=&quot;iconclose&quot;></span></div><div class=&quot;title&quot;>Password Reset Email
Sent</div><div class=&quot;content&quot;><div
class=&quot;inline_flash&quot;></div><h1>Reset Password</h1><h2
class=&quot;strong email_sent_confirmation&quot;>Done.</h2><h2>Check your
inbox for a link to reset your password. (it may have ended up in your spam
folder)</h2></div></div></div>"></script><script type="template"
id="signup_lb" data-template="<div class=&quot;lightbox signup_lb signup_flow_lb
vertically_centered&quot; id=&quot;signup_lb&quot; style=&quot;display:
none;&quot;><div class=&quot;wrapper&quot;><div

class=&quot;close_button&quot;><span class=&quot;iconclose&quot;></span></div><div class=&quot;content&quot;><div


class=&quot;inline_flash&quot;></div><div
class=&quot;signup_container&quot;><h1>Join today and read free for <span
class=&quot;trial_duration&quot;>two weeks</span></h1><h2>There's a world of
books waiting for you.</h2><div class=&quot;input_error&quot;></div><div
class=&quot;facebook_login_button autogen_class_widgets_base&quot;
id=&quot;autogen_id_104278302&quot; data-remote=&quot;true&quot;><span
class=&quot;scribd_fb_button&quot;><span class=&quot;fb_label&quot;><span
class=&quot;icon icon-facebook&quot;></span><span
class=&quot;inner&quot;>Join with Facebook</span></span></span><p
class=&quot;fb_fail_message&quot; style=&quot;display: none;&quot;>Sorry, we
are unable to log you in via Facebook at this time. Please try again later.</p><div
class=&quot;scribd_spinner loader&quot; data-size=&quot;30&quot;></div><form
style=&quot;display:none&quot; method=&quot;post&quot;
action=&quot;https://www.scribd.com/facebook_session&quot;><input
id=&quot;on_success_redirect_to&quot; name=&quot;on_success_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;/doc/82909654&quot; /><input
id=&quot;on_error_redirect_to&quot; name=&quot;on_error_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;http://www.scribd.com/doc/82909654?
no_cache=1465609614&quot; /><div class=&quot;session_fields
has_login_context&quot;></div></form></div><script
type=&quot;text/javascript&quot;>
//<![CDATA[
new Scribd.FacebookLoginButton(&quot;#autogen_id_104278302&quot;);

//]]>
</script><div class=&quot;break&quot;>or</div><form
method=&quot;post&quot; action=&quot;https://www.scribd.com/login/signup?
from=login_lb&quot; class=&quot;signup_form newform&quot; dataremote=&quot;true&quot; data-type=&quot;json&quot;><div
class=&quot;hidden_fields has_login_context&quot;><input
type=&quot;hidden&quot; name=&quot;login_params[next_url]&quot;
value=&quot;/doc/82909654&quot;><input type=&quot;hidden&quot;
name=&quot;login_params[context]&quot;
value=&quot;&quot;></div><label><input type=&quot;text&quot;
class=&quot;input username_input&quot; name=&quot;word_user[name]&quot;
placeholder=&quot;Name&quot;
maxlength=&quot;50&quot;></label><label><input type=&quot;email&quot;
class=&quot;input email_input inspectletIgnore&quot; placeholder=&quot;Email
Address&quot; name=&quot;email_address[email]&quot;></label><label><input
type=&quot;password&quot; class=&quot;input inspectletIgnore&quot;
placeholder=&quot;Password&quot;
name=&quot;word_user[password]&quot;></label><label

class=&quot;signup_optin&quot;><input type=&quot;checkbox&quot;
class=&quot;optin_check&quot; name=&quot;optin&quot;
checked=&quot;checked&quot; value=&quot;y&quot;>Send me Scribd news from
time to time</label><div class=&quot;button_container&quot;><button dataact_as=&quot;submit&quot; class=&quot;flat_btn&quot;><div
class=&quot;scribd_spinner&quot; data-size=&quot;30&quot;></div>Join
now</button></div><div class=&quot;signin_instead&quot;>Already a member?
<a href=&quot;#&quot; class=&quot;signin_instead_btn&quot;>Sign
in.</a></div><div class=&quot;signup_disclosure&quot;>By joining, you agree to
our <a href=&quot;https://www.scribd.com/terms&quot;
target=&quot;_blank&quot;>Terms of Service</a> and <a
href=&quot;https://www.scribd.com/privacy&quot;
target=&quot;_blank&quot;>Privacy
Policy</a></div></form></div></div></div></div>"></script><script
type="template" id="signup_email_taken_lb" data-template="<div
class=&quot;lightbox signup_email_taken_lb signup_flow_lb
vertically_centered&quot; id=&quot;signup_email_taken_lb&quot;
style=&quot;display: none;&quot;><div class=&quot;wrapper&quot;><div
class=&quot;close_button&quot;><span class=&quot;iconclose&quot;></span></div><div class=&quot;content&quot;><div
class=&quot;inline_flash&quot;></div><h1>Welcome back</h1><h2
class=&quot;strong&quot;>{{email}}</h2><h2>This email address already has
an account. Please enter your password and sign in.</h2><form
method=&quot;post&quot; action=&quot;https://www.scribd.com/login&quot;
class=&quot;login_form newform&quot; data-remote=&quot;true&quot; datatype=&quot;json&quot;><div class=&quot;input_error&quot;></div><label
class=&quot;hidden&quot;><input type=&quot;text&quot;
class=&quot;input&quot; name=&quot;login_or_email&quot; size=&quot;20&quot;
value=&quot;{{email}}&quot; placeholder=&quot;Email
Address&quot;></label><label><input type=&quot;password&quot;
class=&quot;input&quot; name=&quot;login_password&quot; size=&quot;20&quot;
placeholder=&quot;Password&quot;></label><div
class=&quot;button_container&quot;><button data-act_as=&quot;submit&quot;
class=&quot;flat_btn&quot;>Sign in</button><div class=&quot;scribd_spinner
loader&quot; data-size=&quot;30&quot;></div><a
href=&quot;/password/forgot&quot;
class=&quot;forgot_password_btn&quot;>Forgot password?</a><a
href=&quot;#&quot; class=&quot;show_signup_form&quot;>Join using a different
email address</a></div></form><div class=&quot;signup_disclosure&quot;>By
joining, you agree to our <a href=&quot;https://www.scribd.com/terms&quot;
target=&quot;_blank&quot;>Terms of Service</a> and <a
href=&quot;https://www.scribd.com/privacy&quot;
target=&quot;_blank&quot;>Privacy
Policy</a></div></div></div></div>"></script><script type="template"
id="email_missing_lb" data-template="<div class=&quot;lightbox email_missing_lb
signup_flow_lb vertically_centered&quot; id=&quot;email_missing_lb&quot;
style=&quot;display: none;&quot;><div class=&quot;wrapper&quot;><div

class=&quot;close_button&quot;><span class=&quot;iconclose&quot;></span></div><div class=&quot;content&quot;><div


class=&quot;inline_flash&quot;></div><h1>One last
thing...</h1><h2>We&amp;#39;ve successfully connected your Facebook account
but didn&amp;#39;t get your email. Please provide your email so we can finish
setting up your account.</h2><form method=&quot;put&quot;
class=&quot;email_missing_form newform&quot; action=&quot;/accountsettings&quot; data-remote><div
class=&quot;has_login_context&quot;></div><div
class=&quot;input_error&quot;>Something went wrong, please try
again</div><input name=&quot;word_user[primary_email]&quot;
placeholder=&quot;Email address&quot; class=&quot;input&quot;
type=&quot;email&quot;><div class=&quot;button_container&quot;><button
data-act_as=&quot;submit&quot; class=&quot;flat_btn submit_btn
disabled&quot;>Sign in</button><div class=&quot;scribd_spinner loader&quot;
datasize=&quot;30&quot;></div></div></form></div></div></div>"></script><scri
pt type="template" id="join_today_lb" data-template="<div class=&quot;lightbox
join_today_lb signup_flow_lb vertically_centered&quot;
id=&quot;join_today_lb&quot; style=&quot;display: none;&quot;><div
class=&quot;wrapper&quot;><div class=&quot;close_button&quot;><span
class=&quot;icon-close&quot;></span></div><div
class=&quot;content&quot;><div class=&quot;inline_flash&quot;></div><h1>Join
today and <br/>read free for <span class=&quot;trial_duration&quot;>two
weeks</span></h1><div
class=&quot;autogen_class_views_chrome_login_login_footer
autogen_class_widgets_base login_footer&quot;
id=&quot;autogen_id_104279848&quot;><div class=&quot;column
left&quot;><div class=&quot;one&quot;><span
class=&quot;icon_book&quot;></span></div><div class=&quot;two&quot;>Read
books, audiobooks <br>and more everywhere you go</div></div><div
class=&quot;column center&quot;><div class=&quot;one&quot;><span
class=&quot;icon_light&quot;></span></div><div
class=&quot;two&quot;>Personalized recommendations based on books you
love</div></div><div class=&quot;column right&quot;><div
class=&quot;one&quot;><span
class=&quot;icon_device&quot;></span></div><div
class=&quot;two&quot;>Syncing across all of your
devices</div></div></div><div class=&quot;button_container&quot;><div
class=&quot;facebook_login_button autogen_class_widgets_base&quot;
id=&quot;autogen_id_104276711&quot; data-remote=&quot;true&quot;><span
class=&quot;scribd_fb_button&quot;><span class=&quot;fb_label&quot;><span
class=&quot;icon icon-facebook&quot;></span><span
class=&quot;inner&quot;>Join with Facebook</span></span></span><p
class=&quot;fb_fail_message&quot; style=&quot;display: none;&quot;>Sorry, we
are unable to log you in via Facebook at this time. Please try again later.</p><div
class=&quot;scribd_spinner loader&quot; data-size=&quot;30&quot;></div><form

style=&quot;display:none&quot; method=&quot;post&quot;
action=&quot;https://www.scribd.com/facebook_session&quot;><input
id=&quot;on_success_redirect_to&quot; name=&quot;on_success_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;/doc/82909654&quot; /><input
id=&quot;on_error_redirect_to&quot; name=&quot;on_error_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;http://www.scribd.com/doc/82909654?
no_cache=1465609614&quot; /><div class=&quot;session_fields
has_login_context&quot;></div></form></div><script
type=&quot;text/javascript&quot;>
//<![CDATA[
new Scribd.FacebookLoginButton(&quot;#autogen_id_104276711&quot;);

//]]>
</script><span class=&quot;button_or&quot;> or </span><a class=&quot;flat_btn
show_signup_form&quot; href=&quot;#&quot;>Join with email</a></div><div
class=&quot;footer_block&quot;><p>Already a member? <a href=&quot;#&quot;
class=&quot;show_signin_form&quot;>Sign in.</a></p><div
class=&quot;signup_disclosure&quot;>By joining, you agree to our <a
href=&quot;https://www.scribd.com/terms&quot;
target=&quot;_blank&quot;>Terms of Service</a> and <a
href=&quot;https://www.scribd.com/privacy&quot;
target=&quot;_blank&quot;>Privacy
Policy</a></div></div></div></div></div>"></script><script type="template"
id="login_to_download_lb" data-template="<div class=&quot;lightbox
login_to_continue_lb signup_flow_lb vertically_centered&quot;
id=&quot;login_to_download_lb&quot; style=&quot;display: none;&quot;><div
class=&quot;wrapper&quot;><div class=&quot;close_button&quot;><span
class=&quot;icon-close&quot;></span></div><div
class=&quot;content&quot;><div
class=&quot;inline_flash&quot;></div><h1>Sign in or join <br/>to
download</h1><div class=&quot;autogen_class_views_chrome_login_login_footer
autogen_class_widgets_base login_footer&quot;
id=&quot;autogen_id_104277336&quot;><div class=&quot;column
left&quot;><div class=&quot;one&quot;><span
class=&quot;icon_book&quot;></span></div><div class=&quot;two&quot;>Read
books, audiobooks <br>and more everywhere you go</div></div><div
class=&quot;column center&quot;><div class=&quot;one&quot;><span
class=&quot;icon_light&quot;></span></div><div
class=&quot;two&quot;>Personalized recommendations based on books you
love</div></div><div class=&quot;column right&quot;><div
class=&quot;one&quot;><span
class=&quot;icon_device&quot;></span></div><div
class=&quot;two&quot;>Syncing across all of your
devices</div></div></div><div class=&quot;button_container&quot;><div

class=&quot;facebook_login_button autogen_class_widgets_base&quot;
id=&quot;autogen_id_104282948&quot; data-remote=&quot;true&quot;><span
class=&quot;scribd_fb_button&quot;><span class=&quot;fb_label&quot;><span
class=&quot;icon icon-facebook&quot;></span><span
class=&quot;inner&quot;>Continue with Facebook</span></span></span><p
class=&quot;fb_fail_message&quot; style=&quot;display: none;&quot;>Sorry, we
are unable to log you in via Facebook at this time. Please try again later.</p><div
class=&quot;scribd_spinner loader&quot; data-size=&quot;30&quot;></div><form
style=&quot;display:none&quot; method=&quot;post&quot;
action=&quot;https://www.scribd.com/facebook_session&quot;><input
id=&quot;on_success_redirect_to&quot; name=&quot;on_success_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;/doc/82909654&quot; /><input
id=&quot;on_error_redirect_to&quot; name=&quot;on_error_redirect_to&quot;
type=&quot;hidden&quot; value=&quot;http://www.scribd.com/doc/82909654?
no_cache=1465609614&quot; /><div class=&quot;session_fields
has_login_context&quot;></div></form></div><script
type=&quot;text/javascript&quot;>
//<![CDATA[
new Scribd.FacebookLoginButton(&quot;#autogen_id_104282948&quot;);

//]]>
</script><p class=&quot;break&quot;></p><a class=&quot;flat_btn outline_btn
show_signin_form&quot; href=&quot;#&quot;>Sign in</a><a class=&quot;flat_btn
outline_btn show_signup_form&quot; href=&quot;#&quot;>Join with
email</a></div><p><a href=&quot;/doc/82909654&quot;
class=&quot;continue_as_guest_btn skip_login&quot;>Continue as
Guest</a></p><div class=&quot;signup_disclosure&quot;>By joining, you agree
to our <a href=&quot;https://www.scribd.com/terms&quot;
target=&quot;_blank&quot;>Terms of Service</a> and <a
href=&quot;https://www.scribd.com/privacy&quot;
target=&quot;_blank&quot;>Privacy
Policy</a></div></div></div></div>"></script></div><div
id="confirm_lightbox" data-track_category="confirm_lightbox" class="lightbox
autogen_class_views_shared_confirm_lightbox autogen_class_widgets_lightbox
autogen_class_widgets_base" style="display: none;"><div class="wrapper"><div
class="close_button"><span class="icon-close"></span></div><div
class="title">Are you sure?</div><div class="content"><div
class="inline_flash"></div><div class="rendered_template_container"><p
class="confirm_text">This action might not be possible to undo. Are you sure you
want to continue?</p><div class="actions"><div class="flat_btn cancel_btn
outline_btn" data-track="cancel">CANCEL</div><div class="flat_btn ok_btn
destructive_action_btn" data-track="confirm">OK</div></div></div><div datadelete_collection="<div class=&quot;input_template_wrapper&quot;><div
class=&quot;autogen_class_views_shared_input autogen_class_widgets_base

&quot; id=&quot;autogen_id_104283082&quot;><div class=&quot;checkbox


input_container input_trigger &quot;><span class=&quot;icon-checkedbox icon
checkbox_icon&quot;></span><span class=&quot;label&quot;>Also remove
everything in this collection from your library.</span><input
name=&quot;remove_from_library_confirm&quot; value=&quot;true&quot;
type=&quot;checkbox&quot; class=&quot;rounded&quot;></div></div><script
type=&quot;text/javascript&quot;>
//<![CDATA[

new Scribd.Input(&quot;#autogen_id_104283082&quot;, {selected: false});

//]]>
</script></div><div class=&quot;actions&quot;><div class=&quot;flat_btn
cancel_btn outline_btn&quot; data-track=&quot;cancel&quot;>cancel</div><div
class=&quot;flat_btn ok_btn destructive_action_btn&quot; datatrack=&quot;confirm&quot;>delete collection</div></div>" datadelete_empty_collection="<div class=&quot;input_template_wrapper&quot;><p
class=&quot;confirm_text&quot;>Are you sure you want to delete this collection?
</p></div><div class=&quot;actions&quot;><div class=&quot;flat_btn cancel_btn
outline_btn&quot; data-track=&quot;cancel&quot;>cancel</div><div
class=&quot;flat_btn ok_btn destructive_action_btn&quot; datatrack=&quot;confirm&quot;>delete collection</div></div>" datamultiple_remove_from_library="<p class=&quot;confirm_text&quot;>Everything
you selected will also be removed from your collections.</p><div
class=&quot;actions&quot;><div class=&quot;flat_btn cancel_btn
outline_btn&quot; data-track=&quot;cancel&quot;>cancel</div><div
class=&quot;flat_btn ok_btn destructive_action_btn&quot; datatrack=&quot;confirm&quot;>remove from your library</div></div>" dataremove_from_library="<p class=&quot;confirm_text&quot;>This book will also be
removed from all your collections.</p><div class=&quot;actions&quot;><div
class=&quot;flat_btn cancel_btn outline_btn&quot; datatrack=&quot;cancel&quot;>cancel</div><div class=&quot;flat_btn ok_btn
destructive_action_btn&quot; data-track=&quot;confirm&quot;>remove from your
library</div></div>" data-change_library_state="<div
class=&quot;change_library_state_template&quot;><p
class=&quot;confirm_text&quot;>{{confirm_text}}</p><div
class=&quot;actions&quot;><div class=&quot;flat_btn cancel_btn
outline_btn&quot; data-track=&quot;cancel&quot;>cancel</div><div
class=&quot;flat_btn ok_btn &quot; datatrack=&quot;confirm&quot;>ok</div></div></div>" dataremove_from_collection="<div class=&quot;input_template_wrapper

large_input&quot;><div class=&quot;autogen_class_views_shared_input
autogen_class_widgets_base &quot; id=&quot;autogen_id_104280090&quot;><div
class=&quot;checkbox input_container input_trigger &quot;><span
class=&quot;icon-checkedbox icon checkbox_icon&quot;></span><span
class=&quot;label&quot;>Remove them from your library? (Theyll also be removed
from your other collections.)</span><input
name=&quot;remove_from_collection_confirm&quot; value=&quot;true&quot;
type=&quot;checkbox&quot; class=&quot;rounded&quot;></div></div><script
type=&quot;text/javascript&quot;>
//<![CDATA[

new Scribd.Input(&quot;#autogen_id_104280090&quot;, {selected: false});

//]]>
</script><div class=&quot;actions&quot;><div class=&quot;flat_btn cancel_btn
outline_btn&quot; data-track=&quot;cancel&quot;>cancel</div><div
class=&quot;flat_btn ok_btn destructive_action_btn&quot; datatrack=&quot;confirm&quot;>remove</div></div></div>" data-error="<div
class=&quot;error_template&quot;><p
class=&quot;confirm_text&quot;>{{confirm_text}}</p><div
class=&quot;actions&quot;><div class=&quot;flat_btn ok_btn&quot; datatrack=&quot;ok&quot;>ok</div></div></div>" dataaudio_reading_progress="<div
class=&quot;audio_reading_progress_template&quot;><div
class=&quot;confirm_text&quot;><p>You&amp;#39;re currently on
{{currently_on}}. However, it looks like you listened to {{listened_to}} on
{{device_name}} {{time}}.</p><p>Jump {{jump_to}}?</p></div><div
class=&quot;actions&quot;><div class=&quot;flat_btn cancel_btn&quot; datatrack=&quot;no&quot;>No</div><div class=&quot;flat_btn ok_btn&quot; datapos=&quot;{{JSON.stringify(pos_data)}}&quot; datatrack=&quot;yes&quot;>Yes</div></div></div>" data-delete_review="<div
class=&quot;confirm_text&quot;><div>{{content_line_one}}</div><div>{{conte
nt_line_two}}</div></div><div class=&quot;actions&quot;><div
class=&quot;flat_btn cancel_btn outline_btn&quot; datatrack=&quot;cancel&quot;>cancel</div><div class=&quot;flat_btn ok_btn
destructive_action_btn&quot; data-track=&quot;confirm&quot;>Delete review
&amp;amp; rating</div></div>" data-notify_personalization="<p
class=&quot;confirm_text&quot;>We&amp;#39;ve curated titles we think
you&amp;#39;ll love.</p><div class=&quot;actions&quot;><div
class=&quot;flat_btn ok_btn&quot; data-track=&quot;confirm&quot;>Explore
now</div></div>"

class="confirmation_lightbox_templates"></div></div></div></div><script
type="template" id="seo_roadblock_lb_new_basic" data-template="<div
id=&quot;seo_roadblock_lb_new_basic&quot; datatrack_category=&quot;lightbox&quot; class=&quot;lightbox
autogen_class_views_pdfs_seo_lightbox autogen_class_widgets_lightbox
autogen_class_widgets_base seo_lightbox new_basic&quot; style=&quot;display:
none;&quot;><div class=&quot;wrapper&quot;><div
class=&quot;close_button&quot;><span class=&quot;iconclose&quot;></span></div><div class=&quot;content&quot;><div
class=&quot;inline_flash&quot;></div><div class=&quot;header&quot;><h1>Join
the membership<br>for readers</h1><h2>Get monthly access to books,
audiobooks, documents,<br>and more for $8.99 / month</h2><div
class=&quot;flat_btn big_45 start_trial_btn&quot;>Start your free 14
days</div></div><div class=&quot;overlay&quot;><div
class=&quot;seo_images&quot;><div class=&quot;thumb is_book&quot;
style=&quot;background-image: url(&amp;#39;https://imgv2-1f.scribdassets.com/img/audiobook/237848946/original/fit_to_size/76x100/333c2704c
5/1453315446&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb
is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-1f.scribdassets.com/img/word_document/252009628/original/fit_to_size/76x100/942e
a9d9d5/1453315446&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb
is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-2f.scribdassets.com/img/word_document/221042260/original/fit_to_size/76x100/5588
d136e9/1453315446&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb
is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-1f.scribdassets.com/img/audiobook/237900491/original/fit_to_size/76x100/77cca26bb
b/1453084159&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb
is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-2f.scribdassets.com/img/word_document/163638913/original/fit_to_size/76x100/fa0fb
a5bf1/1434524628&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb
is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-2f.scribdassets.com/img/audiobook/237609732/original/fit_to_size/76x100/c34e2ee4c
8/1453315446&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb
is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-1f.scribdassets.com/img/word_document/224262364/original/fit_to_size/76x100/d7e0
83ed67/1434526849&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb
is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-2f.scribdassets.com/img/word_document/224251604/original/fit_to_size/76x100/f9e6
30bf5e/1434527014&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div><div class=&quot;thumb

is_book&quot; style=&quot;background-image: url(&amp;#39;https://imgv2-2f.scribdassets.com/img/audiobook/245201304/original/fit_to_size/76x100/9a4fe5473


5/1452901066&amp;#39;)&quot;><div
class=&quot;shadow_overlay&quot;></div></div></div></div><div
class=&quot;footer&quot;><div class=&quot;seo_perks&quot;><span
class=&quot;perk&quot;><span class=&quot;icon iconheart&quot;></span>Discover new books</span><span
class=&quot;perk&quot;><span class=&quot;icon icon-star&quot;></span>Read
everywhere</span><span class=&quot;perk&quot;><span class=&quot;icon iconthumbsup&quot;></span>Build your digital library</span></div><div
class=&quot;devices&quot;></div></div></div></div></div>"></script><div
id="reading_progress_external_progress_lightbox" data-track_category="lightbox"
class="lightbox
autogen_class_views_shared_reading_progress_external_progress_lightbox
autogen_class_widgets_lightbox autogen_class_widgets_base stacked_lightbox"
style="display: none;"><div class="wrapper"><div class="close_button"><span
class="icon-close"></span></div><div class="content"><div
class="inline_flash"></div><p>We've moved you to where you read on your
<span class="device_name">other device</span>.</p></div></div></div><div
id="past_preview_progress_lightbox" data-track_category="lightbox"
class="lightbox
autogen_class_views_shared_reading_progress_past_preview_lightbox
autogen_class_widgets_lightbox autogen_class_widgets_base stacked_lightbox"
style="display: none;"><div class="wrapper"><div class="close_button"><span
class="icon-close"></span></div><div class="title">Get the full title to
continue</div><div class="content"><div class="inline_flash"></div><p>Get the
full title to continue listening from where you left off, or restart the
preview.</p><div class="actions"><div class="flat_btn restart_preview
outline_btn">Restart preview</div><span class="get_full_title"><span
id="autogen_id_104262578" class="react_mount_node"><div
class="library_button" data-reactid=".1"><div class="main_button inherit_tracking
flat_btn " data-reactid=".1.0"><span data-reactid=".1.0.0"><span datareactid=".1.0.0.0">Get full title</span></span><div style="height: 30px; width:
30px; background-size: 30px auto;" class="scribd_spinner permanent_rotation"
data-size="30" datareactid=".1.0.1"></div></div></div></span></span></div></div></div></div>
<div style="display: none;" class="lightbox " id="loading_lb">
<div class="wrapper">
<div class="content"><div style="height: 60px; width: 60px; background-size:
60px auto;" class="scribd_spinner permanent_rotation slow" datasize="60"></div></div>
</div>
</div></div><script
type="text/javascript">Scribd.Lightbox.initialize();</script><div

id="pageboxes"></div><div class="autogen_class_views_shared_hovercards
autogen_class_widgets_base" id="autogen_id_104281624"><div
class="hovercard_drop has_document_cells"></div><script
id="tpl_document_hovercard" type="template"><div
class="autogen_class_views_shared_hovercards_document hovercard
autogen_class_widgets_base" data-track_category="[&quot;hovercard&quot;,&quot;
{{ track_page_name }}&quot;]" data-object_id="{{ id }}"><div
class="hovercard_background"></div><div class="hovercard_content"><a
class="inherit_tracking doc_link" href="{{ url }}"><div class="doc_title
hovercard_title above_cover" data-track="title">{{ title }}</div><div
class="cover_drop document_cell inherit_tracking" datatrack="cover"></div></a><div class="below_cover"><div
class="document_data"><div class="star_ratings_row data_row
react_mount_node"></div>{[ if (typeof authors !== undefined && authors.length)
{ ]}<div class="publisher_row authors_row data_row">by {[ for (var i=0; i <
authors.length; i++) { ]}{[ if (i > 0) { ]}, {[ } ]}<a class="author inherit_tracking"
data-track="author"
href="{{ authors[i].url }}">{{ authors[i].name }}</a>{[ } ]}</div>{[ } else
{ ]}<div class="publisher_row data_row"><a class="inherit_tracking"
href="{{ publisher.url }}" datatrack="publisher">{{ publisher.name }}</a></div>{[ } ]}{{ length }}</div>{[ if
(typeof download_url !== undefined && download_url) { ]}<div class="flat_btn
download_btn inherit_tracking">Download</div>{[ } ]}<div
class="library_button_container
react_mount_node"></div></div></div></div></script><script
id="tpl_collection_hovercard" type="template"><div
class="autogen_class_views_shared_hovercards_collection hovercard
autogen_class_widgets_base" data-track_category="hovercard"><div
class="hovercard_background"></div><div class="hovercard_content"><div
class="collection_title hovercard_title above_cover"><a
href="{{ url }}">{{ title }}</a></div><a href="{{ url }}"><div
class="cover_drop collection_cell"></div></a><div class="below_cover"><div
class="collection_data"><div>Collection</div><div
class="item_count">{{ formatted_count }}</div></div><a href="{{ url }}"
class="flat_btn view_collection_btn">View
collection</a></div></div></div></script><div
class="hovercard_font_preloader"><div style="font-family: Livory; font-style:
italic;">scribd</div></div></div><div class=" fb_reset" id="fb-root"><script
async="" src="https://connect.facebook.net/en_US/sdk.js"
type="text/javascript"></script><div style="position: absolute; top: -10000px;
height: 0px; width: 0px;"><div><iframe
src="https://staticxx.facebook.com/connect/xd_arbiter.php?
version=42#channel=fa1b9b6143c46e&amp;origin=https%3A%2F
%2Fwww.scribd.com" style="border: medium none;" tabindex="-1" title="Facebook
Cross Domain Communication Frame" aria-hidden="true" id="fb_xdm_frame_https"
scrolling="no" allowfullscreen="true" allowtransparency="true"
name="fb_xdm_frame_https" frameborder="0"></iframe></div></div><div

style="position: absolute; top: -10000px; height: 0px; width:


0px;"><div></div></div></div>
<script type="text/javascript">
Scribd.Facebook.setup()
</script><script type="text/javascript">new
Scribd.Shared.MyLibraryReadingStates("#autogen_id_104256821",
{"current_state":null,"currently_reading_active":null,"reading_state":1,"finished_stat
e":2,"document_id":82909654,"chapter_document_id":null,"document_type":"docu
ment","is_audiobook":false,"is_audiobook_preview":null,"is_comic":false,"is_series":f
alse,"is_comic_series":false,"is_preview":false,"masked_admin":false});

new
Scribd.ReadingProgress.ExternalProgressLightbox(reading_progress_external_progre
ss_lightbox, {"track_page":"pdfs"});

Scribd.R.render(Scribd.R.Shared.React.LibraryButton({"actions_select":false,"audiob
ook_sample_url":null,"check_in_collection_url":null,"credit_lightbox_url":null,"credit_r
estricted":false,"document_id":82909654,"document_type":"document","event_cont
ainer_id":null,"extra_button_classes":"","force_get_full_title":true,"free_trial_url":"/ar
chive/pmp_checkout?doc=82909654\u0026metadata=%7B%22context%22%3A
%22pmp%22%2C%22page%22%3A%22read%22%2C%22action%22%3A
%22start_trial%22%2C%22logged_in%22%3Afalse%2C%22platform%22%3A
%22web
%22%7D","hovercard":false,"in_collection":null,"in_library":null,"in_player":false,"is_
finished":false,"is_series_canonical":false,"orientation":"auto","page":"read","param
s":
{},"paused":null,"show_get_full_title":true,"show_preview":true,"start_reading_url":"
https://www.scribd.com/doc/82909654/Chap-008","subscriber":null}), $
("#autogen_id_104262578")[0]);

new
Scribd.ReadingProgress.PastPreviewLightbox(past_preview_progress_lightbox,
{"credit_restricted":false,"track_page":"books"});

Scribd.R.render(Scribd.R.Shared.React.StarRatings({"active":true,"current_user":tru
e,"current_user_rating_only":false,"doc_id":82909654,"rating_count":0,"ratings_path
":null,"show_clear_rating":false,"show_stats":true,"show_tips":false,"system_rating":
0.0,"user_rating":null}), $("#autogen_id_104260852")[0]);

Scribd.R.render(Scribd.R.Shared.React.LibraryButton({"actions_select":true,"audiob
ook_sample_url":null,"check_in_collection_url":null,"credit_lightbox_url":null,"credit_r
estricted":false,"document_id":82909654,"document_type":"document","event_cont
ainer_id":null,"extra_button_classes":"outline_btn","force_get_full_title":false,"free_tr
ial_url":null,"hovercard":false,"in_collection":null,"in_library":null,"in_player":false,"is
_finished":false,"is_series_canonical":false,"orientation":"bottom","page":null,"para
ms":
{},"paused":null,"show_get_full_title":true,"show_preview":false,"start_reading_url":
"https://www.scribd.com/doc/82909654/Chap-008","subscriber":null}), $
("#autogen_id_104266252")[0]);

new Scribd.Popover("#autogen_id_104270078",
{"event":"click","direction":"top","offset":{"top":0,"left":0}});

new Scribd.LanguageSelector("#autogen_id_104265412");

Scribd.pdfs_show = new Scribd.PdfsShow("#autogen_id_104259219",


{"data_url":
["h","t","t","p","s",":","/","/","w","w","w",".","s","c","r","i","b","d",".","c","o","m","/","r"
,"e","a","d","2","/","d","a","t","a","?","i","d","=","8","2","9","0","9","6","5","4"],"pmp_
data":null,"pingback_url":
["h","t","t","p","s",":","/","/","w","w","w",".","s","c","r","i","b","d",".","c","o","m","/","d
","o","c","u","m","e","n","t","s","/","8","2","9","0","9","6","5","4","/","p","i","n","g","b"
,"a","c","k"],"document":{"id":82909654,"is_downloadable":true,"toolbar":
{"search_url":"/search-4gen?
allowed_pages=1%2C2%2C3\u0026auth_token=JhO8I2013C%2FLJc8uI1HdOXvZTBA
%3D\u0026authenticity_token=IrGtzmazJ0NROzRO7rCjMPj1FKoI2BbzOwxUtYE
%2FBd0%3D\u0026expires=1466214414\u0026wordDocumentId=82909654\u0026
wordUploadId=86028688","sections":null},"total_pages":36,"download_url":null}});

Scribd.R.render(Scribd.R.Shared.React.SearchInput({"focused":false,"query":null,"re
direct_to_app":true}), $("#autogen_id_104274816")[0]);

new Scribd.Header("#global_header", {"default_content_pool_id":10});

Scribd.BookPreview.bind_links("read2:show");

new Scribd.Hovercards("#autogen_id_104281624",
{"source_page":"read2:show"})

$(document.body).addClass("jsblock_done"); Scribd.jsblock.resolve();</script>
<script type="text/javascript" id="inspectletjs">
window.__insp = window.__insp || [];
(function() {
var jar = new CookieJar({
expires: "",
path: "/",
});

var state = jar.get("s:insp");

if (state) {
if (state == "0") return;
} else {
var in_test = Math.random() < 0.01;
jar.put("s:insp", in_test ? "1" : "0");
if (!in_test) return

__insp.push(['wid', 361314027]);
(function() {
function __ldinsp(){var insp = document.createElement('script'); insp.type =
'text/javascript'; insp.async = true; insp.id = "inspsync"; insp.src = ('https:' ==
document.location.protocol ? 'https' : 'http') + '://cdn.inspectlet.com/inspectlet.js';
var x = document.getElementsByTagName('script')[0];
x.parentNode.insertBefore(insp, x); }
if (window.attachEvent) window.attachEvent('onload', __ldinsp);
else window.addEventListener('load', __ldinsp, false);
})();
})();
</script>

You might also like