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Is it good to have diversification?

Updated: 9/17/2019
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Q: Is it good to have diversification?
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What are some examples of unrelated diversification?

moving from what you were offering to a total new product, for example,if you were manufacturing clothes and then you move to food industries is a good example of unrelated diversification.


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Examples of unrelated diversification?

Unrelated diversification means moving from what you were offering to a total new product. This is like if you were offering clothes through a cloth industry, then moving onto the food industry.


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Related diversification occurs when a company expands its existing products or markets.


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Does Google apply unrelated diversification?

Google applies many different types of diversification.


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