ExamVeda
Login
Home

An organization that is diversifying its product line is exhibiting what...

This question belongs to Management Strategic Management
Strategic Management
?

An organization that is diversifying its product line is exhibiting what type of growth strategy?

Answer & Solution
Correct Answer: Option C
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.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Strategic Management

Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode B. adaptive mode C. strategic mode D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level B. business level C. functional level D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies B. Policies C. Strength D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level B. Growth strategy C. corporate strategy D. functional strategy
More Related Questions on Strategic Management