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Posted: June 15th, 2022

Identify a firm that has recently engaged in diversification

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 firmâs 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 firmâs website to identify executivesâ rationale for diversifying.Do you find the reasoning to be convincing? Why or why not?250 words with references

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