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

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

Quizplus · Accepted Answer

Related diversification involves expanding into businesses that are related to the company's current core business. This can enhance the company's competitive position by leveraging its existing capabilities and resources, as well as creating synergies between the different businesses.

A Company Can Pursue Related Diversification to Enhance the Competitive