What is the purpose of implementing one of the strategies


Problem

We learned three diversification strategy options for the multibusiness corporation: (i) Diversify into related businesses, (ii) diversify into unrelated businesses, and (iii) diversify into both related and unrelated businesses. What is the purpose of implementing one of the diversification strategies listed above (select one)? List conditions that would boost or harm the performance via the selected diversification strategy. And then, name one multibusiness company that successfully implemented the strategy and identify some reasons the company could succeed. Please provide your answers with some evidence and links to the information sources.

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Business Management: What is the purpose of implementing one of the strategies
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