Disadvantages concentric diversification strategy. Companies adopt different strategies to grow. Some grow organically in their current industry through a focus on sales and marketing. Others grow their industry presence through mergers and acquisitions. Still others pursue growth through a diversification strategy. Diversification occurs when a company expands its.

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Introduction Video - Disadvantages concentric diversification strategy

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  • DIVERSIFICATION 1. Introduction Diversification refers to a strategic direction that takes companies into other products and/or markets by means of either internal or external development. There are basically two broad forms of diversification as listed below: Related diversification, occurs when a company develops beyond.

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