Which diversification strategy is based on the idea that the company creates value by applying the distinctive competencies it developed in one line of business to another busin…

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asked Mar 20, 2020 192k views

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Tamersalama · Answer 1 · 2020-03-26T13:39:03+0000

Answer:

Related diversification

Step-by-step explanation:

Related diversification

As the name indicate related diversification is related to expansion of business in the same field to which it is currently working. This can be explained by one example. If any corporation are in a business of making computer parts and the very same corporation expand their business by making related articles like calculator, smart watch etc. These all are come in the related diversification.

Which diversification strategy is based on the idea that the company creates value by applying the distinctive competencies it developed in one line of business to another busin…

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