Which Diversification Strategy Focuses on a Single Business Operating in a Single

question 74

Multiple Choice

Which diversification strategy focuses on a single business operating in a single industry segment?

• A) Concentration strategy
• B) Vertical integration strategy
• C) Concentric diversification strategy
• D) Conglomerate diversification strategy

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Definitions:

Aggregate Demand

The comprehensive call for goods and services within an economic setting, set at a particular total price level for a given temporal duration.

Aggregate Supply

Refers to the total quantity of goods and services that producers in an economy are willing and able to supply at a given overall price level in a given period.

Depression

A severe and prolonged downturn in economic activity, characterized by significant declines in income, employment, production, and retail sales.

Keynes

Keynes refers to John Maynard Keynes, a British economist whose theories on government spending and monetary policy revolutionized economic thinking and policy in the 20th century.