Due to recent hurricanes,orange growers in Florida have lost millions of dollars.As a result,some growers have decided to bulldoze their orange groves and put in freshwater lakes for raising shrimp,a product that has a strong popularity and is more weather-resistant.Former orange growers who are now raising shrimp are pursuing a _____ strategy.

Question

Quizplus · Accepted Answer

The former orange growers are pursuing a diversification strategy by switching from growing oranges to raising shrimp in freshwater lakes.

Due to Recent Hurricanes,orange Growers in Florida Have Lost Millions