What Are the Three Forms of Diversified Growth? Give an Example

question 18

Essay

What are the three forms of diversified growth? Give an example for each form.

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Definitions:

Business Customers

Entities, including companies or professionals, that purchase goods or services for use in the operation of a business or for resale.

Organizational Buying Objective

The goals or aims that guide purchasing decisions within a company, often focused on optimizing cost, quality, and supply chain efficiency.

Business Firms

Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits from their operations.

Profitability

The financial viability characterized by the ability to generate profits over time.