If a company sought to grow via a strategy that required the company to seek new businesses that have no relationship to its current technology, products, or markets, the company would be using a diversification strategy called a conglomerate strategy.

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A conglomerate strategy involves diversifying into businesses with no relationship to the company's current technology, products, or markets. This type of strategy is often used by companies seeking to minimize risk by spreading their investments across a variety of industries.

If a Company Sought to Grow Via a Strategy That