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diversification

/daɪˌvɜːsɪfɪˈkeɪʃən/

/daɪˌvɝːsəfəˈkeɪʃən/

Translations

diversificationnoun

diversifications

The company is focusing on diversification to reduce risks.

Компания сосредоточена на диверсификации для снижения рисков.

Synonyms

diversificationadjective

/daɪˌvɜːsɪfɪˈkeɪʃən/

/daɪˌvɝːsəfəˈkeɪʃən/

Used attributively before nouns, e.g., ‘diversification strategy’.

diversificationnoun

The process of a company enlarging or varying its range of products or field of operation.

The company's diversification into new markets helped it to increase its revenue.

The practice of spreading investments among different financial instruments, industries, and other categories to reduce risk.

Diversification of the investment portfolio is crucial to minimize potential losses.

The act of introducing variety, especially in the context of agriculture or ecosystems.

Crop diversification can improve soil health and reduce dependency on a single crop.

The act or process of becoming or making more varied or diverse in any context.

Cultural diversification has enriched the city's social life.

diversificationadjective

Relating to or intended for diversification.

The firm focused on its diversification plans during the expansion phase.