__________is creating or acquiring companies that share similar products, manufacturing, marketing, technology, or cultures.

Question

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Related diversification is the strategy of creating or acquiring companies that share similar products, manufacturing, marketing, technology or cultures. This allows companies to expand their business operations and enter new markets while leveraging their existing capabilities and expertise. It is often seen as a less risky and more conservative approach to diversification compared to unrelated diversification, which involves entering completely new and unrelated industries.

__________Is Creating or Acquiring Companies That Share Similar Products, Manufacturing