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  7.1.3 Where should Diversification be undertaken? 100%

7.1.3 Where should Diversification be undertaken? 7.1.3 Where should Diversification be undertaken? Diversification can be considered a useful business development tool ... keep in mind that there is no recipe for successful diversification. It depends on multiple internal and external factors ... and taken into consideration when developing a

  7.1.1 Types of Diversification 100%

7.1.1 Types of Diversification 7.1.1 Types of Diversification Diversification is a strategic approach adopting different forms. ... Depending on the direction of company diversification, the different types are: Horizontal Diversification acquiring or developing new products or offering new ... adds a new type of cheese to its products. Vertical

  Unrelated Diversification 100%

Unrelated Diversification Unrelated Diversification Unrelated Diversification is a form of diversification when the business adds new or unrelated product lines ... with the company´s existing business - this diversification is classified as unrelated. The unrelated diversification is based on the concept that any new business or ... has the potential for high revenues, is suitable for

  Related Diversification 100%

Related Diversification Related Diversification Related Diversification is the most popular distinction between the different types of diversification and is made with regard to how close the field of diversification is to the field of the existing business activities. Related Diversification occurs when the company adds to or expands its ... related to its business activity. Under related

  7.1. What is Diversification? 100%

7.1. What is Diversification? 7.1. What is Diversification? Diversification is a business development strategy allowing a company ... occurs simultaneously in all sectors and all markets. Diversification of business activities brings competitive advantages ... company and its environment. And, although sometimes

  International Diversification 100%

International Diversification International Diversification Although international diversification can be identified as one of the above mentioned forms ... for the company development. Multinational diversification is considered one of the strategic paths to continue diversifying the company activities after the

  Unit 7 Diversification for SMEs 100%

Unit 7 Diversification for SMEs Unit 7 - Diversification for SMEs Learning Objective This unit focuses on the diversification strategies as a tool for expanding companies - ... Its purpose is to present the various types of diversification, their advantages and disadvantages and how SMEs ... bankruptcy. That is why the companies always look for

  Choice of industry and ideas for diversification 100%

Choice of industry and ideas for diversification 2. Choice of industry and ideas for diversification Ideally the choice of industry sector and/or business activity to ... or manager, predetermine to some extent the field of the future diversification. Of course, the results of the preliminary company assessment should ... The goal is to identify the greatest possible number of ideas for

  7.1.4 How Companies should diversify their Busines... 76%

... should diversify their Business? 7.1.4 How Companies should diversify their Business? Diversification Strategy of Small Businesses Successful diversification will ensure competitive advantage to a company in achieving their goals. Using this strategic ... a new impetus to your business or turn into a failure. Steps in the development of the SME

  Summary of Unit 7 75%

Summary of Unit 7 Summary of Unit 7 - Diversification for SMEs It's the old adage of "Don't keep all your eggs in one basket." Diversification is a strategic approach for small business development. Wisely implemented, it can prove very useful. Diversification helps companies gain competitive advantage ... Successful implementation of the different forms of