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When we talk about strategic initiatives concerning growing our business, one I have always loved is diversification. You remember us talking about forward and backward
When we talk about strategic initiatives concerning growing our business, one I have always loved is diversification. You remember us talking about forward and backward diversification. Pretty powerful stuff. We also defined two other critical categories of diversification - "related and unrelated." Both can grow a business bigger. When we looked at PepsiCo and GE, we saw both related and unrelated reflected. Which answer below is NOT correct concerning PepsiCo and GE diversification? Group of answer choices Related diversification brings together your expertise in manufacturing, supply chain, and marketing "Related" is a focus on profitable companies like yours while "Unrelated" focuses on companies with completely unique products Unrelated diversification puts the focus on the potential for profit in any professionally managed company Both related and unrelated diversification are ways to increase company profitability "Unrelated" means a focus on buying companies based on profit potential regardless of the business while "Related" focuses on companies' compatible to you regardless of profit potential
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