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Diversification Strategies Discussion

Mar 2, 2022 | HUMAN RESOURCE MANAGEMENT | 0 comments

Mar 2, 2022 | HUMAN RESOURCE MANAGEMENT | 0 comments

Diversification Strategies Discussion

1 PAGE APA
Diversification strategies involve a firm stepping beyond its existing industries and entering a new value chain. Generally, related diversification (entering a new industry that has important similarities with a firms existing industries) is wiser than unrelated diversification (entering a new industry that lacks such similarities).

Identify a firm that has recently engaged in diversification. Search the firms website to identify executives rationale for diversifying. 

Do you find the reasoning to be convincing? Why or why not?

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