Which of the following growth strategies is typically the riskiest in terms of financial outcomes?

Question

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Conglomerate diversification involves entering into a new industry or market that is unrelated to the company's current business. This strategy is often the riskiest because it requires a significant investment and the company may not have the necessary knowledge or experience to succeed in the new market. Additionally, there may be little to no synergy between the two businesses, resulting in limited cost savings or revenue growth.

Which of the Following Growth Strategies Is Typically the Riskiest