synergies of product diversification strategy Diversification strategies are used to expand firms' operations by adding markets, products, services, or stages of production to the existing business the purpose of diversification is to allow the company to enter lines of business that are different from current operations.
{"Image DocumentName": "Basic Diversification Strategies --", "Image ImageDescription": "Corporate Strategy. Basic Diversification Strategies -- Concentric Diversification (RELATED) Growth into related industry. Search for synergies. Conglomerate Diversification (UNRELATED) Growth into unrelated industry. Concern with financial considerations. Prentice Hall, Inc. \u00a9 Prentice Hall 2006.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}