A(n)________ is when a company might seek new businesses that have no relationship to its current technology, products, or markets.
A) concentric strategy
B) conglomerate strategy
C) horizontal strategy
D) intensive growth strategy
E) integrative strategy

Question

Quizplus · Accepted Answer

A conglomerate strategy is when a company seeks new businesses that have no relationship to its current technology, products, or markets. This strategy involves diversification and expansion into unrelated industries in order to spread risk and find new opportunities for growth.

A(n)________ Is When a Company Might Seek New Businesses That