Entering a new business or industry to create a competitive advantage in one or more of an organization's existing divisions or businesses is called
A)related diversification strategy.
B)international expansion strategy.
C)low-cost strategy.
D)concentration on a single industry.
E)unrelated diversification strategy.

Question

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Entering a new business or industry to create a competitive advantage in one or more of an organization's existing divisions or businesses is called related diversification strategy.

Entering a New Business or Industry to Create a Competitive