Diversification Strategies Emphasize Both New Products and New Markets

question 6

True/False

Diversification strategies emphasize both new products and new markets.

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Definitions:

Audience-centered Approach

A strategy in communication that tailors the message specifically to the interests, needs, and preferences of the intended audience.

Corporation's Needs

The requirements or demands of a company necessary for its operation, growth, or survival.

Technology Use

The application and implementation of scientific knowledge for practical purposes, especially in industry and everyday life through devices, systems, and methods.

Internet Users

Individuals who use the internet to access information, communicate, or engage in other activities online.