NEIL M. KAY
- Published in print:
- 2000
- Published Online:
- October 2011
- ISBN:
- 9780199242115
- eISBN:
- 9780191697005
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199242115.003.0004
- Subject:
- Business and Management, Strategy, Organization Studies
This chapter explores the logic of corporate specialization and explores the reasons for diversification. It examines firm survival and selection processes, analyses diversification as a response to ...
More
This chapter explores the logic of corporate specialization and explores the reasons for diversification. It examines firm survival and selection processes, analyses diversification as a response to environmental pressures, and considers how diversification transforms the nature of the environmental selection processes facing the firm at corporate level. The chapter discusses the patterns of linkages and their role in defining the nature of corporate strategies. It also examines the double-edge nature of links, which provide both internal economies and shared vulnerability to external threats.Less
This chapter explores the logic of corporate specialization and explores the reasons for diversification. It examines firm survival and selection processes, analyses diversification as a response to environmental pressures, and considers how diversification transforms the nature of the environmental selection processes facing the firm at corporate level. The chapter discusses the patterns of linkages and their role in defining the nature of corporate strategies. It also examines the double-edge nature of links, which provide both internal economies and shared vulnerability to external threats.
