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Identify which of the following statements is false: Question 9Select one: a. Related product diversification takes place when a firm enters a new industry that

Identify which of the following statements is false: Question 9Select one: a. Related product diversification takes place when a firm enters a new industry that lacks important similarities with its current businesses. b. Increasing efficiency by combining the related value chain activities of separate businesses is one of the potential benefits of related product diversification. c. The attractiveness test, the costofentry test and the betteroff test conform to Porter's three essential tests. d. Growth is one of the reasons why firms diversify their business portfolios

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