Multiple choice

Diversification means

  1. Marketing in diverse Countries

  2. Marketing in diverse Companies

  3. Marketing new diverse Products

  4. Used only for transactions with foreign countries

  5. All of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Diversification is a growth strategy where a company enters new markets with new products. In this context, it specifically refers to expanding the product line to reach different segments.

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