Question

Sandra displays and sells paintings and local art in her gallery, and in the evenings she teaches art classes in the back of her studio, a business named Sandra's Art School. This is an example of related diversification.

True/False

Answer 1

Sandra's gallery and art school represent an example of related diversification.

Step-by-step explanation:

True,

Sandra's gallery and art school represent an example of related diversification.

Related diversification occurs when a company expands its operations into new industries or markets that are related to its existing business.

In this case, Sandra's gallery and art school are both related to the art industry, allowing her to reach different customer segments and generate additional revenue streams.