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Strategic planning in dynamic environment 10. What are the reasons firms choose to diversify their operations? How...

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General Management

Strategic planning in dynamic environment
10. What are the reasons firms choose to diversify theiroperations? How do firms create value when using a relateddiversification strategy?

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10 There are different reasons that make firms to diversify their operations The first reason is building of market presence in different segments It builds branding in different product segment as well as it generates revenues The second reason is the economy of scope firms wants to utilize It reduces the    See Answer
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