The diversification strategy is used to increase the value of the company by improving its overall performance.
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Question:
The diversification strategy is used to increase the value of the company by improving its overall performance. Value is created either through related diversification or through unrelated diversification when the strategy enables a company's businesses to increase revenue or reduce costs while implementing their business-level strategy.
Mention examples of companies that have diversified their business in the course of their business!
Mention any products or services resulting from business diversification, and provide a brief review regarding the product or service profile of the business diversification, whether it is more successful than the main product or service!
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