Examlex
Identify and describe the three major types of diversification growth strategies.
Necessity-based Entrepreneurship
Entrepreneurial activities initiated out of a need, often due to lack of employment opportunities, rather than a pure desire to pursue an opportunity.
Family Businesses
Companies owned and managed by one or more family members, often passed down through generations.
Social Entrepreneurship
The practice of identifying, starting, and managing ventures aimed at addressing social, cultural, or environmental issues, using innovative and sustainable solutions.
Intergenerational Conflicts
Refers to disagreements or disputes between different age groups, often arising from differences in opinions, values, or interests.
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