Horizontal Diversification Occurs When a Firm Enters an Industry That

question 6

True/False

Horizontal diversification occurs when a firm enters an industry that lacks any important similarities with the firm's existing industry or industries.

---

Definitions:

Undergraduate Degree

An academic degree awarded by colleges and universities upon completion of a course of study lasting about three to four years.

Inheritance Patterns

The manner in which genes and genetic traits are passed from parents to offspring, including dominant, recessive, and sex-linked patterns.

Prenatal Test

Diagnostic procedures conducted during pregnancy to assess the health and development of the embryo or fetus.

In Vitro Fertilization

A medical procedure whereby an egg is fertilized by sperm in a lab dish, and the resulting embryo is transferred to the uterus for pregnancy.