The task of crafting a diversified company's overall or corporate strategy does not involve which of the following tasks? A. Revamping each business's value chain so as to reduce the differences in the activities performed across the company's various businesses and thereby lower overall costs, strengthen core competencies, and the chances for competitive success against rivals
B. Pursuing opportunities to leverage cross-business value chain relationships and strategic fits into competitive advantage Initiating actions to boost the combined performance of the businesses the firm has entered
C. Evaluating the growth and profitability prospects for each business, establishing investment priorities for each business, and then using these priorities to steer corporate resources to individual businesses
D. Picking new industries to enter and deciding whether to enter the industry by starting a new business from the ground up, acquiring a company already in the target industry, or forming a joint venture or strategic alliance with another company