_______________________diversification refers to a strategy that involves adding businesses or product/services lines that are unrelated to the existing core business.
A) Backward
B) Forward
C) Horizontal
D) Unrelated
E) Vertical

Question

Quizplus · Accepted Answer

Unrelated diversification involves adding businesses or product/services lines that are completely different from the existing core business. This strategy is often a way for companies to spread their risk and pursue new opportunities in different industries or markets.

_______________________Diversification Refers to a Strategy That Involves Adding Businesses or Product/services