_____ is a strategy is which a firm engages in several different businesses that may or may not be related in an attempt to create more value than if the businesses existed as stand-alone entities.
A) Franchising
B) Globalization
C) Outsourcing
D) Diversification

Question

Quizplus · Accepted Answer

Diversification is the strategy of engaging in multiple businesses in order to capitalize on the strengths and opportunities of each business, while also minimizing the risks associated with having all eggs in one basket. This can lead to increased revenue and profitability, and can also help a company weather downturns in any one particular market.

_____ Is a Strategy Is Which a Firm Engages in Several