An example of growth strategy is _____.
A) turnaround
B) liquidation
C) divestiture
D) diversification
E) differentiation

Question

Quizplus · Accepted Answer

Diversification is a growth strategy that involves expanding a company's product or service offerings into new markets or industries. This can be done through either related or unrelated diversification, and can help a company reduce its dependency on one particular product or market.

An Example of Growth Strategy Is _____