A(n) ________ is when a company might seek new businesses to purchase 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 involves acquiring businesses that are unrelated to a company's current products, technology, or markets. This is also known as diversification or unrelated diversification.

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