Reference no: EM133402347

Question

Since its founding in 2002, Crocs has made shoes. It makes shoes for women, men, and children and for casual and work settings, but it doesn't make anything except footwear. Crocs is using. strategy. Imagine that you are the CEO of a multinational holding company with a broad portfolio of businesses. Due to changes in the environment, you are looking to rebalance the portfolio. Working ciosely with the board of directors and your team of top managers, you need to make a strategic decision about the degree of diversification across the company's businesses. Select the best answer to the following question. One of the corporation's businesses has a core competency in developing artificial intelligence (AI) that handles. very complex scheduiling, such as airline scheduling. Analysts forecast that businesses and governments will be looking to put this type of Al-enabled software to a wide range of new. uses over the next decade. Based on this information, which corporate-level strategy would you lean toward? Related diversification strategy Single-product strategy Unrelated diversification strategy.