diversification (daɪˌvɜːsɪfɪˈkeɪʃən
)
Definitions
noun
- business the practice of varying products, operations, etc, in order to spread risk, expand, exploit spare capacity, etc
- (in regional planning policies) the attempt to provide regions with an adequate variety of industries
- the act of diversifying
Usage examples
GTB's diversification imperative In keeping with this strategy, now, the bank claims, is the best time to invest in technology.
Business Today (2000)Most investors look to mutual funds, which offer active, professional management and diversification , though at a steep cost.
Globe and Mail (2003)The award aims to raise the profile of women who play a pivotal role in farming, in the core business or an on-farm diversification.
Times, Sunday Times (2002)The exponential line of diversification must never reach a vertical.
, EXTINCTION: Evolution and the End of Man (2002)