Question: Use your knowledge of diversification to select the words or phrases that best complete the following sentences. In-n-Out Burger acquires an independently owned chicken fast

Use your knowledge of diversification to select the words or phrases that best complete the following sentences. In-n-Out Burger acquires an independently owned chicken fast food chain. This is an example of related diversification vertical Integration When a company purchases another business that does something similar to what the purchasing strategy of related diversification asing company is using diversification unrelated diversification Pretend that you own a small coffee shop. You have decided that this year is a good time to grow ve chosen to do so by acquiring another coffee shop one town over. This is an example of related diversification related diversification When a company purchases another business that does something similar to what the purchasing company does, the purchasing company is using a strategy of related diversification Pretend the vertical integration pop. You have decided that this year is a good time to grow your business, and you have chosen to do so by acquiring af unrelated diversification hover. This is an example of related diversification Diversificat related diversification Pretend that you own a small coffee shop. You have decided that this year is a good time to grow your business, and you have chosen to do so by acquiring another coffee shop one town over. This is an example of related diversification vertical integration Diversification is useful because: related diversification It creates a more unified corporate culture unrelated diversification It allows companies to downsize and retrench more effect

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