Unrelated Diversification Involves Growth by Acquiring New Businesses or Entering

question 186

True/False

Unrelated diversification involves growth by acquiring new businesses or entering business areas that are different from what the organization already does.

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Definitions:

Behavior

The actions or reactions of an individual, group, or system in response to external or internal stimuli.

Late Majority

A category of individuals in the diffusion of innovation theory who adopt new ideas, practices, or products after the average member of a society.

Adoption

The act or process of taking something on as one's own, such as ideas, methods, or practices.

Self-Efficacy

An individual's belief in their innate ability to achieve goals or accomplish tasks, which can influence how they approach challenges and persistence.