Any topic (writer's choice)
Instructions
In two or three pages, answer the following question. Should Advaark stick to it's core business or diversify?
Answer
Sticking to the core business or diversify?In modern time, stiff competitions in the global market are coercing business management to diversify the channels for revenue. Every business comes to the point of stagnation. Where there is a dilemma of whether to advance or stick to the core business. At such times, the organisation is see-sawing between its strategies and the way forward to fit the demands of the current market. Advaark company is one of the companies that is faced with this challenge. There is a dilemma of whether to stick to their core business or expand their business venture. While the traditional thought is to maintain the focus on the core strategy, the truth is that the two points of views on either diversifying or sticking to the core strategy can both co-exist. Here i...
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