Diversification: This is a shift into either new products, new markets, new channels to market, new technologies, now geographic domains or into new competencies (or into a combination of some of these) (Ansoff 1965; Porter 1987).
Sure preety, i will help you and let you know about the diversification. Actually diversification is a business technique to enter into a new market or sector which the business enterprise is not currently in and also developing a new product for this new market.
