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A strategy of diversifying into unrelated businesses generally offers more competitive advantage potential than related diversification because of the ease of capturing valuable cross -
A strategy of diversifying into unrelated businesses generally offers more competitive advantage potential than related diversification because of the ease of capturing valuable crossbusiness resource fits.
is aimed chiefly at broadening a company's present product line and offering customers a bigger choice of models, styles, and product versions.
involves entering any industry and operating any business where company executives see opportunity to realize consistently good financial resultsunlike related diversification strategies, there's no deliberate effort to diversify only into businesses with strategic fit.
concentrates on diversifying into businesses where a company can exploit use of a wellknown and competitively potent brand name, earn the highest profit margins, and have the greatest number of attractive revenue growth opportunities.
is the best way for a company to lower its overall business risk, achieve consistently good profitability, and earn a sustainable competitive advantage over rival companies.
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