An unrelated-business firm provides diverse products to many different markets.

Name: An unrelated-business firm provides diverse products to many different markets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An unrelated-business firm diversifies its portfolio by offering a wide range of products or services to various markets, which are not necessarily connected to each other in terms of customer base, industry, or product line. This strategy is used to spread risk and capitalize on opportunities across different sectors.

An Unrelated-Business Firm Provides Diverse Products to Many Different Markets