__________ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order to create more value than if the businesses existed as stand-alone entities.

__________ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order to create more value than if the businesses existed as stand-alone entities. 



a. Diversification
b. Outsourcing
c. Cost leadership
d. Focus


Answer: A


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