Question: When a company reaches a certain point in its evolution, founders, investors, and executives often think about planning and implementing a growth strategy. In this

When a company reaches a certain point in its evolution, founders, investors, and executives often think about planning and implementing a growth strategy. In this perspective, briefly discuss the concept of diversification strategy as a growth strategy. Also discuss their types along with their advantages and disadvantages. Use real life examples to support your answers.

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