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Diversified Company

 
Business Dictionary: Diversified Company

Company that has many products and services serving several markets. A company may attempt to manufacture the products itself, or it may acquire or merge with an ongoing organization. The advantages of diversification include being better able to weather business cycles since some product lines or services may be countercyclical.

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more