___ involves growth by acquiring new businesses or entering business areas that are related to what the organization already does.

Question

Quizplus · Accepted Answer

Related diversification involves growth through the acquisition of new businesses or entry into business areas that are related to what the organization already does. This helps to take advantage of existing resources, capabilities, and market knowledge, while also opening up new opportunities for growth and expansion. It is often seen as a less risky form of diversification compared to unrelated diversification.

___ Involves Growth by Acquiring New Businesses or Entering Business