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 ... Diversification is about building new products, exploring new markets, and taking
new risks. But as risky as it can be, it may also be a great way ...
A risk-reduction strategy that involves adding product, services, location,
customers and markets to your company's portfolio - Small Business
Aug 11, 2014 ... 8 Strategies to Diversify Your Business. Diversification is much more easily
offered than implemented. By Susan Solovic. Susan Solovic is an ...
One of the most popular ways families begin investing for the first time, often before they even own a single share of stock or a mutual fund, is to start a business
. This can be a tiny bakery, a catering service run out of the home, or even a door-to-door sales progr... More »
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.
Recent examples of corporate diversification include the entries of Gillette into
manufacture of felt-tip pens, John Deere into snowmobiles, and Texas
Diversification is a business development strategy allowing a company to enter
additional lines of business that are different from the current products, services ...
Jun 14, 2013 ... Diversification can help your business survive in a crowded market. But it can
also be a risky strategy, says Alison Coleman.
Define corporate strategy, describe some of the reasons why firms diversify,
identify and describe different types of corporate diversification, and assess the ...