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[ noun ] the act of introducing variety (especially in investments or in the variety of goods and services offered)
Synonyms Examples "my broker recommended a greater diversification of my investments" "he limited his losses by diversification of his product line" Used in print (Handbook of Federal Aids to Communities. U.S. Dep...)This may be helpful in improving the competitive position of established firms through diversification and expansion or through more economical utilization of plant capacity . |
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