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

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

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.
Bissoy MCQ

Related Questions

an organisation increases its sales through greater marketing efforts, and expands its workforce and production capacity to cope with the increase in demand for its product, it is following a growth strategy in which growth is achieved through:
Scheme-1: C6H5N2Cl→CuCNC6H5CN→H2o/H+C6H5COOH→∆Product-I Scheme-2: C6H5NO2→Fe/HCLC6H5NH2→N2NO3+HCL, 273KC6H5N2Cl→H2O/H+Product-II Scheme-3: CH3COOH→NH3CH3CONH2→NaOBrProduct-III উল্লিখিত Scheme সমূহে Product-I, Product-II এবং Product-III হলো যথাক্রমেঃ
Which of these is exhibiting kinetic energy?
Materials exhibiting zero value of resistivity are known as ______ .
Corporate resource allocation may be different depending on the speed of growth of the organization. Which of the following is inappropriate when facing rapid growth?
What is the key variable in executing visionary strategy creation at the competitive strategy level?
__________ strategy is often considered as entrepreneurial strategy where firm develops and introduce new products and markets or penetrate markets to build share
What is likely to be the effect of a logical corporate strategy but poor strategy implementation.
Which of the following elements of strategy affect the process of strategy creation and implementation?
A manufacturer sells three products i.e. A, B and C. Product A cost 200 and sells for 250, Product B costs 150 and sells for 180, Product C costs 100 and sells for 110. On which product, he has maximum percentage of profit?