A diversification corporate strategy implies that a firm will ________.
A)expand by adding new product lines
B)reduce the company's size to increase market share
C)save money by producing its own raw materials
D)increase profits by offering one popular product

Question

Quizplus · Accepted Answer

A)A diversification corporate strategy suggests that a firm will expand by adding new product lines. For example, PepsiCo has diversified over the years by adding chips and Quaker Oats to its product offerings.

A Diversification Corporate Strategy Implies That a Firm Will ________