A __________ Strategy Involves Adding New Businesses That Produce Related

question 108

Multiple Choice

A __________ strategy involves adding new businesses that produce related products or are involved in related markets and activities.

• A)concentration
• B)vertical integration
• C)concentric diversification
• D)conglomerate diversification
• E)backward integration

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Definitions:

Married Couples

Two individuals legally united in matrimony, recognized by law or cultural traditions as partners in a personal relationship.

Proportion

A part, share, or number considered in comparative relation to a whole, often expressed as a fraction, ratio, or percentage.

Constitutes Family

Defines the composition or structure of a family unit, which can vary by culture, legal definitions, and individual perspectives, including biological and chosen relationships.

Stable

Describes an entity, such as an economy or structure, that is not likely to change or fail; marked by reliability or consistency.