An organization that uses the strategy of _____ develops new products to sell to new markets.

Name: An organization that uses the strategy of _____ develops new products to sell to new markets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Diversification is the strategy where an organization develops new products to sell in new markets. This approach not only broadens the company's product line but also allows it to enter new market segments, thereby spreading its risk and opportunities.

An Organization That Uses the Strategy of _____ Develops New