The Coca-Cola Company Has Operations in More Than 140 Countries

The Coca-Cola company has operations in more than 140 countries and generates more that 55 percent of its profits from its overseas operations.Coca-Cola's annual profits are,therefore,more stable than those of a firm that focuses upon the U.S.market alone.Coca-Cola is engaging in _____.

A) importing
B) diversification
C) a merger
D) a joint venture
E) an exchange rate movements