Unrelated diversification is the form of diversification in which the business units that a firm operates are highly dissimilar.

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Unrelated diversification refers to a strategy where a company operates in multiple business areas that are not related to each other in terms of products, services, or markets. This involves entering into new industries or businesses that are different from the current ones, which means that the business units are highly dissimilar. This type of diversification strategy can be adopted to minimize risks associated with market fluctuations in specific industries or markets, and to create opportunities for growth and expansion in new markets or industries.

Unrelated Diversification Is the Form of Diversification in Which the Business