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AH020387 Posted 16 years ago
Vocabulary

Diversification

'Diversification' means 'making into different varieties'?
  

Top answer

Not necessarily different varieties but this is one option. Anything that is different can be included in diversification. For a business this might mean the development of new ranges of the same product (different varieties) or totally new products and services.

— LouiseT

  • Not necessarily different varieties but this is one option.
  • Anything that is different can be included in diversification.
  • For a business this might mean the development of new ranges of the same product (different varieties) or totally new products and services.
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3 Answers
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Not necessarily different varieties but this is one option.

Anything that is different can be included in diversification. For a business this might mean the development of new ranges of the same product (different varieties) or totally new products and services.
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Thanks, so I guess the word 'varieties' has the nuance of meaning 'varieties of the same thing' rather than different things, right?
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