Multiple Choice
In which of the following situations might diversification prove an appropriate strategy?
A) When the market is mature or existing products are at the end of their lifecycles.
B) When the product development of rivals is better than your own.
C) When market share is being lost to other firms in the sector.
D) When the market is experiencing high growth and an influx of new entrants.
Correct Answer:

Verified
Correct Answer:
Verified
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