CHILD DEVELOPMENT PEDAGOGY

GROWTH DEVELOPMENT CHILD

GROWTH AND DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Define diversification
A
Increasing the variety of products that you sell
B
A cycle of highs and lows in the economy
C
products made from natural oil.
D
None of the above
Explanation: 

Detailed explanation-1: -What is Product Diversification? Product diversification is the practice of expanding the original market for a product. This strategy is used to increase the sales associated with an existing product line, which is especially useful for a business that has been experiencing stagnant or declining sales.

Detailed explanation-2: -What is Product Diversification? Product diversification is a strategy employed by a company to increase profitability and achieve higher sales volume from new products. Diversification can occur at the business level or at the corporate level.

Detailed explanation-3: -Diversification is a growth strategy that involves entering into a new market or industry-one that your business doesn’t currently operate in-while also creating a new product for that new market.

Detailed explanation-4: -Diversification is the practice of spreading your investments around so that your exposure to any one type of asset is limited. This practice is designed to help reduce the volatility of your portfolio over time.

Detailed explanation-5: -Diversification is a strategy that mixes a wide variety of investments within a portfolio in an attempt to reduce portfolio risk. Diversification is most often done by investing in different asset classes such as stocks, bonds, real estate, or cryptocurrency.

There is 1 question to complete.