Definition of the different types of diversification

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Diversification potentially plays a wide range of roles in strategy. In this discussion you have opportunity to examine this multifaceted topic and the conditions under which diversification becomes an important element in strategy. Based on your knowledge in strategy management complete the following with references:

-Synthesize your research to produce a working definition of the different types of diversification related to strategy.

-Describe when each type of diversification might offer a competitive advantage.

-Identify a real-world example to further illustrate each type of diversification strategy.

Reference no: EM133048438

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