Examlex
If all the businesses in which a firm operates share a significant number of inputs, production technologies, distribution channels, similar customers, and so forth, this corporate diversification strategy is called related-constrained diversification.
Explanation
A statement or account that makes something clear or understandable, often providing reasons for actions, decisions, or phenomena.
Normative Statement
A proposition that expresses a value judgment or opinion about what ought to be, rather than what is empirically verifiable.
Income Distribution
The way in which total income is shared among the population or different sectors of an economy.
Welfare Recipients
Individuals or families receiving financial assistance or benefits from the government based on need.
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