Rationalizing the Unrelated Acquisition
探讨了大型工业企业过去三十年以无关业务收购为主的多元化战略，指出其虽被广泛采用但缺乏理论认可，并论证该战略实际符合历史演化规律，正进入合理化新阶段。
During the past three decades, diversification-principally, the corporate acquisition of unrelated businesses—has been a dominant strategy for large, industrialized companies. Although firmly established, this strategy has gained scant recognition as a conceptually proper means for development, in part because of the seeming contrast between it and past strategies. In actuality, it is consistent with historical patterns of evolution and is progressing to a new stage, rationalization.