Unrelated Diversification Strategy Has Both Advantages and Disadvantages

question 62

Essay

Unrelated diversification strategy has both advantages and disadvantages.Discuss three of each and explain whether you feel that the advantages outweigh the disadvantages.

---

Definitions:

New Career Paradigm

Emerging trends and concepts in career development that emphasize flexibility, self-directed learning, and a focus on skills and projects over job titles.

Team-oriented Individuals

Refers to people who naturally work well within groups, prioritizing team goals over individual achievements.

Flexible

Capable of adapting to new, different, or changing requirements without significant difficulty.

Older Workers

Employees who are typically considered to be in the later stage of their working life, often facing unique workplace challenges and stereotypes.