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Concentration on a Single Business
Advantages
Operational focus on a single familiar industry or market.
Growing with the market brings competitive advantage.
Current resources and capabilities add value.
Disadvantages
No diversification of market risks.
Vertical integration may be required to create value and capabilities add value.
Opportunities to create value and make a profit may be missed.
Wiki User
∙ 7y ago
Wiki User
∙ 7y agoPros
- Outfitted concentration on a particular known business
- Emergent with the market conveys competitive benefits
- Existing resources and competence appends the value
- No diversification of market risks
- Perpendicular incorporation possibly will be necessary to produce significance and competence appends worth
- Prospect to produce value and formulate a profit might be overlooked
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