New for chapter 7: Corporate Diversification

As we cover each chapter, I’ll provide a list of concepts from each chapter to guide you in your search for news items.  Search for business news that relate to one of the chapter concepts. For example, a concept discussed in chapter 1 is the strategic management process.  A news article that discusses new strategy a company is undertaking, and the reasons for it, might be good item for this discussion board.

This chapter (chapter 7) is about Corporate Diversification.

Provide a summary of the news item (along with a reference to where you found it) and explain how it ties into the Corporate Diversification concept discussed in chapter 7.  I’m looking for well-thought out comments so plan on writing more to explain fully.

News items must be from reputable sources.  A list of some of my favorites (although not the only ones you can use) are in the Resources section.

(one pages at least,  citation)