The form of corporate growth used to minimize shocks in specific markets, used when General Electric entered markets for appliances, X-ray machines, and elevators, is known as

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Diversification is a growth strategy where a company enters into new markets or industries, often to reduce risk and minimize shocks in specific markets. General Electric's entry into various markets like appliances, X-ray machines, and elevators exemplifies diversification.

The Form of Corporate Growth Used to Minimize Shocks in Specific