Conglomerate diversification is the act of adding unrelated goods or services to a firm's line of businesses.

Name: Conglomerate diversification is the act of adding unrelated goods or services to a firm's line of businesses.
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Conglomerate diversification involves a company expanding into areas of business that are unrelated to its current operations, often to reduce risks associated with being in a single market or to leverage existing strengths in new areas.

Conglomerate Diversification Is the Act of Adding Unrelated Goods or Services