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One Way to Grow Your Business Is to Use Diversification

question 22

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One way to grow your business is to use diversification, which is the addition of offerings beyond your core product or service.


Definitions:

Carbon Cycle

A natural process through which carbon is exchanged among the biosphere, pedosphere, geosphere, hydrosphere, and atmosphere of the Earth.

Primary Productivity

The amount of light energy converted to organic compounds by autotrophs in an ecosystem over a given period. Compare with secondary productivity. See gross primary productivity (GPP) and net primary productivity (NPP).

Ecosystem

An ecosystem is a community of living organisms in conjunction with the nonliving components of their environment, interacting as a system.

Algal Beds

Large, dense groups of algae that grow together on the seabed or on other surfaces underwater.

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