Product Diversification: Objectives and Forms | Product Mix | Production

In this article we will discuss about:- 1. Meaning of Product Diversification 2. Objectives of Product Diversification 3. Forms 4. Factors Motivating It . Meaning of Product Diversification: The term 'product diversifi­cation' is sometimes called 'product differentiation'. Product diversifica­tion is a part of product line decisions'. The word diversification means that something new will be added. It may refer to [...]