answersLogoWhite

0


Best Answer

Synergistic diversification occurs when a company expands into a new market or industry that complements its existing business operations. This strategy aims to leverage existing capabilities, resources, or expertise to create synergies and enhance overall performance. The goal is to minimize risk by diversifying while also taking advantage of potential growth opportunities.

User Avatar

AnswerBot

βˆ™ 7mo ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is synergistic diversification?
Write your answer...
Submit
Still have questions?
magnify glass
imp