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

stability
retrenchment
growth
maintenance

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 3

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.

4 views Answered 2022-09-01 13:21

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