A concentric diversification strategy is a strategy

Multiple Choice

an organization uses to build competitive advantage by being unique in its industry or market segment along one or more dimensions.

used to add new businesses that produce related products or are involved in related markets and activities.

used to add new businesses that produce unrelated products or are involved in unrelated markets and activities.

employed for an organization that operates a single business and competes in a single industry.

that involves expanding the domain of the organization into supply channels or to distributors.