A company can pursue relative diversification to enhance the competitive position of its core business.

Name: A company can pursue relative diversification to enhance the competitive position of its core business.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Relative diversification involves expanding into related businesses or products that complement the company's core business. This can lead to increased efficiency, synergy and a stronger competitive position for the core business.

A Company Can Pursue Relative Diversification to Enhance the Competitive