When an Organization Expands into a Totally New Line of Business

question 34

Multiple Choice

When an organization expands into a totally new line of business, it is implementing a strategy of:

• A) Related diversification
• B) Unrelated diversification
• C) Cross-functional diversification
• D) Product line diversification
• E) Industry diversification

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Definitions:

Sacral Nerves

A set of nerves that emerge from the sacral part of the spinal cord, playing key roles in the motor and sensory functions of the lower back, pelvis, and legs.

Lumbar Plexus

A network of nerve fibers in the lumbar region of the body, responsible for motor and sensory functions of the lower limbs.

Meninges

The three protective membranes (dura mater, arachnoid mater, and pia mater) that cover the brain and spinal cord.

CNS

Central Nervous System, comprising the brain and spinal cord, responsible for processing information and controlling body functions.