The three main types of diversification strategies are:
A) acquisitions, joint ventures, and divestments.
B) acquisitions, mergers, and buyouts.
C) acquisitions, internal new ventures, and joint ventures.
D) related acquisitions, unrelated acquisitions, and mergers.
E) joint ventures, strategic alliances, and long-term contracts.

Question

Quizplus · Accepted Answer

Diversification strategies involve a company expanding into new areas or industries. Acquisitions, internal new ventures, and joint ventures are three main types of strategies used for diversification. Acquisitions involve buying another company, internal new ventures refer to starting a new business within the company, and joint ventures involve partnering with another company to pursue new opportunities.

The Three Main Types of Diversification Strategies Are