When an Organization Enters a New Type of Industry,which Is

question 104

Multiple Choice

When an organization enters a new type of industry,which is not similar in any way to the current businesses of the organization,they are engaged in:

• A) concentration on a single business.
• B) unrelated diversification.
• C) international expansion.
• D) related diversification.
• E) vertical integration.

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Definitions:

Financial Gain

The increase in monetary resources or wealth, typically as a result of investment or business activity.

Misinformation

False or inaccurate information, often spread without malicious intent, that is presented as fact.

Paper Mills

Websites that sell prewritten or custom-written research papers to students.

Custom-Written

Describes software or code that has been written specifically for a particular requirement or customer, as opposed to off-the-shelf software.