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.

---

Definitions:

Internal

Pertaining to or situated within the confines of an organization, system, or device, often indicating processes or operations not exposed to the external environment.

Permanent

A characteristic of something that is intended to last or continue indefinitely, without change or cessation.

Internet Service Provider

A company that offers users access to the Internet, often also providing related services such as web hosting and email.

Modem

A device that modulates and demodulates signals for sending and receiving data over telephone lines or cable.