________ takes place when a company combines with other companies in different, but associated, industries.
A) Stabilized diversification
B) Horizontal integration
C) Vertical integration
D) Related diversification

Question

Quizplus · Accepted Answer

Related diversification takes place when a company combines with other companies in different, but associated, industries. This allows the company to expand its operations and product offerings while still maintaining some level of synergy and coherence among its different divisions. Horizontal integration refers to a company combining with other companies in the same industry, while vertical integration refers to a company expanding its operations into different stages of the supply chain. Stabilized diversification is not a commonly used term in the context of business strategy.

________ Takes Place When a Company Combines with Other Companies