1 The least profitable firms are Select one A broadly divers

1. The least profitable firms are: Select one: A. broadly diversified firms whose strategies are build around very general resources such as money. B. ones that involve combining resources into competitive advantage. C. rigidly specialized in an attractive industry D. flexible

Solution

A. Broadly diversified firms whose strategies are build around very general resources such as money.

This is because for a firm to be profitable, when diversified, it should diversify around those resources which are unique to the company and which can be converted to its competitive advantage but not those which are generic in nature like money.