Final answer:
Diversification achieves company growth by starting up or acquiring businesses outside the company's current products and markets.
Step-by-step explanation:
Diversification achieves company growth by starting up or acquiring businesses outside the company's current products and markets.
Diversification allows a company to explore new opportunities and minimize risks by entering new markets and diversifying its product portfolio. This strategy can help a company generate additional revenue streams and reduce its dependence on a single market or product.