__________ occurs when a firm invests in different types of businesses or products or when it expands geographically to reduce its dependence on a single market or technology.
A) Domain selection
B) Diversification
C) An acquisition
D) Divestiture
E) A merger

Question

Quizplus · Accepted Answer

Diversification occurs when a firm invests in different types of businesses or products or when it expands geographically to reduce its dependence on a single market or technology.

__________ Occurs When a Firm Invests in Different Types of Businesses