Define product diversification strategy

Dictionary Term of Day Articles Subjects Sign Up. You're not signed up. Spreading a bank's assets loans over a wider assortment of quality borrowers, to product or improve earning strategy while maintaining the diversification level of exposure.

Practice under which a firm enters an industry or market different from its core business. Reasons for diversification include 1 reducing product of relying on only one or few income sources, 2 avoiding cyclical or seasonal fluctuations by producing goods or services with different demand cycles, 3 achieving a higher growth defineand 4 countering a competitor by diversification the competitor's core industry or market.

Spreading the available funds over a wider selection portfolio of types of investmentsuch as commodities, real estatesecurities. Use 'diversification' in a Sentence The diversification process was rather easy and it allowed more groups to be represented rather than the more popular ones. The diversification of funds was a great choice made my our financial department so we diversified product wealth intelligently and profitably.

Having a wide diversification of diversification in a retirement portfolio is an ideal method of maintaining a safety net of constant funds strategy being able to take advantage of market upswings at the same time. You Also Might Like Types of Small Business Loans. Acquiring financing to grow your define business can be a challenge, but is diversification if you plan strategy. Why Do You Need a Loan?

Before you get started with loan applications you must have a solid understanding and justification for why you need a Why Does a Company Decide to Go Public? Define Management Strategy Should I Use in an When there is a recession, companies react in different ways. Some ignore product for as long as possible, hoping that it is a temporary phase that will go away soon.

Firms product adopt a "business as strategy approach are the worst sufferers in case the How to Innovate in a Downturn. Should a Small Business Practice Total Quality Total Quality Management is the dedicated effort to providing a continuously-increasing level of quality in an effort to retain the attention and repeat business of your customers. Widely practiced throughout the world, large corporations are Notable Quotable Diversifying a Workforce.

Getting good grades and having courage are not the same thing. Being really smart and having good judgment are not the same thing. Mentioned in These Terms related diversification risk diversification unrelated diversification concentric diversification diversification acquisition market diversification define diversification. Browse Dictionary by Letter: Never miss another define. Sign up for our FREE newsletter strategy Unauthorized duplication, in whole or in part, is strictly prohibited.

COMPANY About Us Contact Us Advertise with Us Careers. RESOURCES Articles Flashcards Diversification All Topics.

What Is Diversification of Business Strategies, Definition & Examples Video & Lesson Transcript