A Diversification Strategy Is a Growth Strategy in Which an Organization

question 13

True/False

A diversification strategy is a growth strategy in which an organization expands its operations by moving into a different industry.

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Definitions:

Verbal Tasks

Activities that involve the use of words, language, and speech in order to accomplish a goal or complete a request.

Performance Tasks

Assessment tasks that require individuals to apply their knowledge, skills, and abilities to solve real-world problems.

Creative Children

Children who exhibit the ability to think outside the box, generate innovative ideas, or approach problems in novel ways.

Convergent Thinking

A thought process that attempts to focus on the single best solution to a problem.