The acquisition of security-software company McAfee by Intel Corp. is an example of related diversification.

Question

Quizplus · Accepted Answer

Related diversification occurs when a company expands its operations to other businesses that are related to its core business. In this case, Intel Corp.'s core business is technology and the acquisition of McAfee, a security-software company, is related to their core business, as it is a technology-based product.

The Acquisition of Security-Software Company McAfee by Intel Corp