Examlex
When a firm wants to inventory demand via a reservation system and has insufficient capacity it should lower prices selectively.
Diversification Strategy
An approach to business growth through increasing the variety of products, services, or markets served.
Different Business Areas
Various functional sectors within a company, such as finance, marketing, operations, or human resources, each responsible for specific tasks.
Diversification
A strategy that involves entering into new markets or industries or creating new products to spread and reduce risks.
New
Recently developed, created, or having started to exist not long ago.
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