Active endeavors specializes in sporting equipment. recently, it has decided to add to its business units by opening a steakhous

Question

Paladinen [302]

3 years ago

10

Active endeavors specializes in sporting equipment. recently, it has decided to add to its business units by opening a steakhous

e near a convention center. this strategy is an example of:

Business

1 answer:

poizon [28] · Answer 1 · 2022-03-26T07:34:16+03:00

<span>Active endeavors specializes in sporting equipment. Recently, it has decided to add to its business units by opening a steakhouse near a convention center. This strategy is an example of: conglomerate diversification.

Conglomerate diversification is a growth strategy when organizations add new products or services that are vastly different from anything they've sold prior. These new business opportunities are unrelated to their previous and operate completely different.

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