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

A stability
B retrenchment
C growth
D maintenance

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
#Management #Strategic Management

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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
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