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Related Diversification
A strategy where a company expands its operations into areas that are similar to its current lines of business to exploit shared operations or knowledge.
Acquiring New Businesses
The process by which a company purchases other companies to expand its operations, increase its market share, or gain access to new markets or products.
Vertical Integration
A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.
Acquiring Suppliers
The process of taking over or purchasing suppliers to control the supply chain, reduce costs, or secure resources.
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