Diversification Is the Process of a Company Entering New Industries

question 20

True/False

Diversification is the process of a company entering new industries distinct from its core industry, using a multibusiness model.

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Definitions:

Verbal Aptitude

The ability to understand and process words and language, both in speaking and writing.

Gender Gap

The difference in opportunities, status, attitudes, etc., between men and women, often resulting in disparities.

Mathematical Abilities

The cognitive capacities related to understanding, manipulating, and solving mathematical concepts and problems.

Socially Influenced

Being affected or altered by the social context, including behaviors, opinions, or decisions that are impacted by others or societal norms.