3.1.4

End of Topic Test - Debt

Test yourself

Diversification

Diversification involves targeting new products at new markets to increase sales. Diversification can spread risk as it gives businesses an alternative if the demand for one product declines. An example of diversification is Uber ride-sharing & Uber Eats.

Jump to other topics

1Business Organisation & Environment

2Human Resource Management

3Finance & Accounts

4Marketing

5Operations Management

Unlock your full potential with Seneca Premium

  • Unlimited access to 10,000+ open-ended exam questions

  • Mini-mock exams based on your study history

  • Unlock 800+ premium courses & e-books

Get started with Seneca Premium