An organization that is diversifying its product line is exhibiting what type of growth strategy?
A. stability
B. retrenchment
C. growth
D. maintenance
Answer: Option C
Solution (By Examveda Team)
An organization that is diversifying its product line is exhibiting growth type of growth strategy. Diversification is a corporate strategy to enter into a new market or industry in which the business doesn't currently operate, while also creating a new product for that new market.This Question Belongs to Management >> Strategic Management
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