________ is the entry into a new domain that is related in some way to an organization's domain.
A) Unrelated diversification
B) Vertical integration
C) Differentiation
D) Related diversification

Question

Quizplus · Accepted Answer

Related diversification is the entry into a new domain that is related in some way to an organization's domain. This can help the organization to leverage its existing skills, knowledge, and resources in a new market or product category. Unrelated diversification, on the other hand, involves entering a completely unrelated market or industry, while vertical integration involves expanding into different stages of the same industry. Differentiation refers to the process of distinguishing a company's products or services from those of its competitors, which may or may not involve diversification.

________ Is the Entry into a New Domain That Is