diversification strategy

USAGE SUMMARY

The phrase "diversification strategy" is correct and usable in written English. You can use it when discussing business approaches aimed at increasing variety in products, services, or markets. For example, "The company's diversification strategy helped it enter new markets and reduce risk." Alternative expressions include "variety strategy" and "expansion strategy."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

But this diversification strategy, too, carries risks.

The Economist

"Our diversification strategy is paying off".

The New York Times

The French-born executive embraced the founder's diversification strategy.

The New York Times - Magazine

Carlyle has already had problems with its diversification strategy.

The New York Times

And that's assuming Mr. Moffett's diversification strategy makes sense.

The New York Times

VAIL'S competitors have found some success by following a similar diversification strategy.

The New York Times

In a sense, she serves as a kind of poster child for this online diversification strategy.

The Guardian

"But given the long-term experience, we feel that this type of diversification strategy will serve us well".

The New York Times

Still, branded generics may not be a diversification strategy for the long term.

The New York Times

Three-quarters of the Canadian public agree with the Harper government's diversification strategy.

The New York Times

"Hedging or outright sales, when allowed, can be a prudent part of a portfolio diversification strategy".

The New York Times

Expert writing Tips

Best practice

When discussing a company's long-term plans, specify the type of "diversification strategy" being implemented (e.g., product, market, geographic) for clarity.

Common error

Avoid using "diversification strategy" as a catch-all phrase. Always provide context on how the strategy is being applied and what specific areas are being diversified.

Linguistic Context

The phrase "diversification strategy" functions as a noun phrase, typically serving as the subject or object of a sentence. It identifies a specific type of plan or approach focused on reducing risk by spreading investments or business operations, as shown in Ludwig's examples.

Expression frequency: Very common

Frequent in

News & Media

55%

Science

20%

Formal & Business

15%

Less common in

Academia

5%

Wiki

3%

Reference

2%

Ludwig's WRAP-UP

In summary, "diversification strategy" is a commonly used noun phrase that describes a business approach focused on reducing risk through variety and expansion. Ludwig AI confirms it's grammatically correct and frequently found in news, business, and science contexts. To enhance your writing, be specific about the type of strategy, avoid overgeneralization, and consider contextually relevant alternatives like "variety strategy" or "expansion strategy".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

strategic diversification

Adding the adjective 'strategic' highlights the planning and intentionality behind the diversification effort.

business diversification

Specifically refers to diversifying different areas inside a business.

variety strategy

Focuses on the aspect of increasing variety rather than explicitly mentioning diversification.

portfolio diversification

Specifically refers to diversification within an investment portfolio.

expansion strategy

Highlights the growth aspect of diversifying into new areas.

market diversification

Emphasizes diversifying across different markets.

product diversification

Focuses on diversifying the range of products offered.

decentralization strategy

Describes an approach where decision-making and operations are distributed across various units or regions.

spread risk

Refers to the act of reducing exposure to risk by allocating investments or resources across different assets or markets.

mitigate risk

Means reducing the potential negative impact or likelihood of adverse events through strategic actions and planning.

FAQs

How can I effectively use "diversification strategy" in a sentence?

Use "diversification strategy" to describe a planned approach to reduce risk by spreading investments or business operations across various areas. For example, "The company adopted a "diversification strategy" to mitigate market volatility".

What are some alternatives to saying "diversification strategy"?

You can use alternatives like "variety strategy", "portfolio diversification" (if referring to investments), or "expansion strategy" depending on the specific context.

Which is more appropriate, "diversification strategy" or "diversified strategy"?

"Diversification strategy" refers to the plan or approach, while "diversified strategy" describes a strategy that has already been diversified. For example, "They implemented a "diversification strategy", resulting in a diversified portfolio".

How does "diversification strategy" differ from "business strategy"?

"Business strategy" is a broad term encompassing all aspects of a company's plan for success. A "diversification strategy" is a specific type of business strategy that focuses on expanding into new markets or products to reduce risk and increase revenue streams.