Semway, a Regional Bank, Recently Announced That It Would Soon

question 2

Multiple Choice

Semway, a regional bank, recently announced that it would soon begin offering financial planning services. This is an example of:

• A) related diversification.
• B) unrelated diversification.
• C) cross-functional diversification.
• D) product line diversification.
• E) vertical integration.

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Definitions:

Peripheral Nervous

Part of the nervous system consisting of the nerves and ganglia outside of the brain and spinal cord, responsible for connecting the CNS to limbs and organs.

Organized Network

A structured system of interconnected individuals or entities that share information or work towards common goals.

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, overseeing both voluntary actions and automatic functions.

Genetically Programmed

Describes traits, behaviors, or characteristics determined by an individual's DNA.