Question: Verizon develops and deploys low - altitude telecommunications systems. This is an example ofrelated diversification . When a company purchases another business that does something

Verizon develops and deploys low

-

altitude telecommunications systems. This is an example ofrelated diversification

.

When a company purchases another business that does something different from what the purchasing company does, the purchasing company is using a strategy ofrelated 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 ofrelated diversification

.

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