In the Opening Case, Foster's Group was diversified and managed businesses that were highly related. The corporate-level strategy is best described as ________diversification.
A) related constrained
B) related linked
C) unrelated
D) conglomerate

Question

Quizplus · Accepted Answer

Foster's Group was diversifying their business operations but still maintained a common thread among them. They were all related to the alcoholic beverages industry. This type of diversification is known as related constrained diversification where the company adds new but related products or services to its existing operations.

In the Opening Case, Foster's Group Was Diversified and Managed