Which Type of Diversification Involves Moving into Businesses That Are

question 67

Multiple Choice

Which type of diversification involves moving into businesses that are related to the company's original core business?

• A)concentric
• B)conglomerate
• C)vertical
• D)functional
• E)horizontal

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Definitions:

Broad Search

An extensive or wide-ranging examination or inquiry, often used in the context of searching for information across various sources or platforms.

Coolhunting

The process of identifying and analyzing new trends, styles, and cultural shifts, often used in marketing and product development to stay ahead of consumer tastes.

Across Media

Refers to the elements that exist or operate in different types of media platforms or across various media channels.

Strategic Gains

Benefits or advantages achieved through the implementation of strategic planning and actions in a business context.