____ refers to a company's decision to expand its portfolio by developing a strategy characterized by growth in a relatively large number of markets.

____ refers to a company's decision to expand its portfolio by developing a strategy characterized by growth in a relatively large number of markets.

____ refers to a company's decision to expand its portfolio by developing a strategy characterized by growth in a relatively large number of markets.



a.
Concentration
b.
Differentiation
c.
Cross-subsidization
d.
Diversification


Answer: D


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