Acquiring or entering businesses unrelated to a firm's current technologies,markets or products is referred to as

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Acquiring or entering businesses unrelated to a firm's current technologies, markets, or products is referred to as conglomerate diversification. This strategy involves diversifying a company's portfolio by investing in businesses outside of its current scope. Conglomerate diversification can reduce risks associated with a single market or product and provide new growth opportunities.

Acquiring or Entering Businesses Unrelated to a Firm's Current Technologies,markets