Examlex
Identify and explain the meaning and strategic significance of each of the following terms.
a)Related diversification
b)Strategic fit
c)Economies of scope
d)Retrenching
e)Unrelated diversification
Group Therapy
A therapy approach where several individuals undergo counseling together, guided by one or more therapists.
Individual Therapy
A form of psychotherapy where one patient works one-on-one with a trained therapist to explore feelings, beliefs, and behaviors.
Psychological Disorder
A disorder characterized by persistent disturbance or dysfunction in behavior, thoughts, or emotions that causes significant distress or impairment.
Eclectic
Involving ideas, styles, or tastes from a diverse range of sources.
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