The ultimate goal of an unrelated diversification strategy is usually to
A) create financial economies.
B) support failing businesses.
C) enhance innovation.
D) expand globally.

Question

Quizplus · Accepted Answer

The ultimate goal of an unrelated diversification strategy is to create financial economies by investing in different industries that may have little to no relationship to each other. By doing so, the company can reduce their overall risk and potentially increase profitability. Supporting failing businesses, enhancing innovation, and expanding globally are more commonly associated with other types of strategies such as turnaround, innovation, and global strategies, respectively.

The Ultimate Goal of an Unrelated Diversification Strategy Is Usually