multiple lines of business

USAGE SUMMARY

The phrase “multiple lines of business” is correctly used in written English.
It is used to describe the different areas of business a company operates in. For example, a company might have multiple lines of business such as retail, manufacturing, and finance.

✓ Grammatically correct

Formal & Business

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

Oldani makes a profit partly because he has created multiple lines of business.

Harvard Business Review

Many private equity groups and conglomerates such as Alphabet or the Mahindra Group are thriving in multiple lines of business.

Massachusetts Institute of Technology

Even shares of General Electric, one of the nation's bluest chips, fell 4.4percentt, a reflection of investors' fears that the financial statements of companies in multiple lines of business may be too difficult to understand.

The New York Times

It also lowers costs due to reusable component-based design and provides higher return on investment given its use of services, which can be accessed by multiple lines of business.

Straight Through Processing for Financial Services The Complete Guide

This paper investigates optimal reinsurance strategies for an insurer with multiple lines of business under the criterion of minimizing its total capital requirement calculated based on the multivariate lower-orthant Value-at-Risk.

Insurance: Mathematics and Economics

Prior to that, Elias was the CTO responsible for infrastructure across multiple lines of business with accountability for technology architecture, design, build and operations.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

It will also include businesses that offer loans and leases for other companies, commercial lending within the equipment industry, multiple lines of insurance products and private-label credit cards.

The New York Times

This assessment is based on multiple lines of evidence.

The Guardian

Stocker says simply: "Becuse we have multiple lines of independent evidence".

The Guardian

He went on, "It must be comprehensive, and include close collaboration across multiple lines of effort.

The New Yorker

It also can flash multiple lines of text at once.

TechCrunch

Expert writing Tips

Best practice

Make sure to clearly define each of the "multiple lines of business" you are referring to, in order to avoid vagueness.

Common error

Ensure you use the correct pluralization. "Lines of business" refers to different sectors, while "business lines" (less common plural) can refer to physical lines of businesses or communication channels. The distinction matters for clarity.

Linguistic Context

The phrase "multiple lines of business" functions as a noun phrase, typically used as an object or complement in a sentence. It identifies the various sectors or industries in which a company operates. Ludwig AI confirms that the phrase is used correctly in written English.

Expression frequency: Uncommon

Frequent in

News & Media

30%

Formal & Business

25%

Academia

20%

Less common in

Science

15%

Wiki

5%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "multiple lines of business" is a grammatically sound and frequently employed term used to describe the diversification of a company's operations across various sectors. As confirmed by Ludwig AI, its purpose is primarily descriptive, often used in financial reports, business analyses, and strategic discussions. It is most commonly found in news and business contexts, indicating a formal register. For alternative phrasing, options include "various business segments" or "diverse business operations". When using the phrase, it's important to be precise and clear about the specific sectors involved. A potential error to avoid is confusing "lines of business" with the less common "business lines", as they convey different meanings. To put it in a nutshell, stick to "multiple lines of business" when talking about various areas that a company is operating in.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

various business segments

Focuses on the different parts that make up a company's activities.

diverse business operations

Highlights the variety and range of a company's activities.

several revenue streams

Emphasizes the different sources of income a business has.

multiple product categories

Focuses on the different types of products a company sells.

varied business portfolios

Emphasizes the range of investments and activities a company has.

different sectors of activity

Highlights the various industries or areas a company is involved in.

numerous business divisions

Focuses on the organizational structure and the different parts of a business.

wide array of business activities

Highlights the extensive range of things a company does.

multiple areas of specialization

Emphasizes the different fields or skills a company has expertise in.

different business units

Focuses on the separate, manageable components of a larger business.

FAQs

How to use "multiple lines of business" in a sentence?

You can use "multiple lines of business" to describe a company's diversified operations. For example, "The company's success is attributed to its "multiple lines of business", which include retail, manufacturing, and finance."

What can I say instead of "multiple lines of business"?

You can use alternatives like "various business segments", "diverse business operations", or "several revenue streams" depending on the context.

Which is correct, "multiple lines of business" or "many lines of business"?

Both phrases are grammatically correct, but ""multiple lines of business"" is often preferred in formal or business contexts for its precision, while "many lines of business" is considered more informal.

What does it mean for a company to have "multiple lines of business"?

When a company has ""multiple lines of business"", it means that it operates in several different sectors or industries. This can help to diversify risk and create new revenue opportunities.