Diversification is a corporate strategy to enter into a new market or industry which
the business is not currently in, whilst also creating a new product for that new ...
Apr 24, 2015 ... But diversification is not a cure-all for the struggling business, nor a sure way to
cement your lead if you're already thriving. But it's one potential ...
Apr 20, 2015 ... Companies sometimes diversify their business activities to manage risk or
expand into new markets. In this lesson, you'll learn about business.
A risk-reduction strategy that involves adding product, services, location,
customers and markets to your company's portfolio - Small Business
Mar 11, 2014 ... IBM successfully diversified into services; Disney does quite well with a ...
smartphone, and online music businesses; and Berkshire Hathaway, ...
Feb 26, 2015 ... Fast forward to today: The company is seeking diversification into new
businesses such as energy and sports drinks because growth in its main ...
Corporate strategy: Practice under which a firm enters an industry or market
different from its core business. Reasons for diversification include (1) reducing
Diversification is a strategic approach adopting different forms. ... as a strategy,
since the business may benefit from some synergies in this diversification model.
Diversification is a business development strategy allowing a company to enter
additional lines of business that are different from the current products, services ...
Diversification strategies are used to expand firms' operations by adding markets,
products, services, or stages of production to the existing business.