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CEFR B2 — Upper-Intermediate

Diversification

Definition

The act of making something, especially a business or an investment, more varied and less dependent on one particular thing, in order to reduce risk or increase opportunities.

Example Sentences

1The company's diversification strategy involved expanding into new markets and developing new products.
2Is diversification a good way to reduce risk in a portfolio of investments?
3The university's decision to offer more online courses was part of its diversification plan to attract a wider range of students.
4If you want to reduce your reliance on a single income source, consider diversification by starting a side business or investing in stocks.
5The government's economic development plan included measures to encourage diversification of the country's industries, moving away from a dependence on a single sector.

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