C1
diversification
daɪˌvɜːsɪfɪˈkeɪʃən
noun
dywersyfikacja
Also
urozmaicenie(n)
Definition
The process of developing a wider range of products, interests, or investments to reduce risk or increase variety.
Examples
The company's diversification strategy helped it survive the economic downturn.
Strategia dywersyfikacji firmy pomogła jej przetrwać spowolnienie gospodarcze.
Diversification of investments is key to reducing financial risk.
Dywersyfikacja inwestycji jest kluczem do zmniejszenia ryzyka finansowego.
Synonyms
Collocations
product diversificationinvestment diversificationeconomic diversification
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