Question: Discuss Related diversification and give examples. Please avoid listing in your answer and use paragraph format. related diversification . A process that takes place when

Discuss Related diversification and give examples. Please avoid listing in your answer and use paragraph format.

related diversification. A process that takes place when a business expands its activities into product lines that are similar to those it currently offers. For example, a manufacturer of computers might begin making calculators as a form of related diversification of its existing business.

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