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  • A Diversification Strategy Is A Method of Expansion or Growth Followed by Businesses

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    Darwin Bonifacio
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    A Diversification Strategy is a Method of Expansion or Growth Followed by Businesses

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    8 views1 page

    A Diversification Strategy Is A Method of Expansion or Growth Followed by Businesses

    Uploaded by

    Darwin Bonifacio

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    A diversification strategy is a method of expansion or growth followed by businesses.

    It involves
    launching a new product or product line, usually in a new market. It helps businesses to identify new
    opportunities, boost profits, increase sales revenue and expand market share. The strategy also gives
    them leverage over their competitors.

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