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A proactive budget should incorporate which situation?
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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