Diversifying into a Completely Different Industry from the Organization's Current

question 24

Multiple Choice

Diversifying into a completely different industry from the organization's current operations is referred to as

• A) concentric diversification.
• B) vertical diversification.
• C) conglomerate diversification.
• D) horizontal diversification.
• E) related diversification.

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Definitions:

Colonized

The action or process of settling among and establishing control over the indigenous people of an area.

English

A West Germanic language originating in England and now widely spoken and recognized as an official or global lingua franca.

Maori

The indigenous Polynesian people of mainland New Zealand, who have a rich culture with traditional language, mythology, crafts, and performing arts.

Nonindustrial Societies

Societies that do not rely on large-scale industry and technology for their economic production, often based on subsistence farming or pastoralism.