Term:
Unrelated diversification
Definition:
Unrelated diversification takes place when the products are very different from each other, for example a food processing firm manufacturing leather footwear as well.
Domain:
Finance
Source:
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993