With this type of grand strategy,the new businesses selected possess a high degree of compatibility with the current business:
A) Conglomerate diversification
B) Concentric diversification
C) Joint venture
D) Divestiture

Question

Quizplus · Accepted Answer

Concentric diversification involves expanding into businesses that have synergies with the current business. This means that the new businesses selected possess a high degree of compatibility with the current business. Conglomerate diversification involves entering into unrelated businesses, joint venture involves partnering with another company, and divestiture involves selling off existing businesses.

With This Type of Grand Strategy,the New Businesses Selected Possess