A ________ Strategy Involves Adding New Businesses That Produce Related

question 40

Multiple Choice

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

• A)concentration
• B)differentiation
• C)concentric diversification
• D)conglomerate diversification
• E)lateral diversification

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Definitions:

Words in Sequence

A linguistic arrangement where words are placed in a specific order to convey meaning or perform a linguistic function.

Stereotypic Inferences

Involve drawing broad, oversimplified conclusions about individuals based on their membership in certain groups, often ignoring personal differences.

Salience of Group Membership

The degree to which an individual's affiliation with a group is prominent and affects their behavior and perceptions.

Social Markers

Visible or tangible indicators used to infer or assume an individual's social status, group membership, or identity.