The many successful movies produced by Disney are evidenced not only in the movies themselves, but in the various merchandise that features the characters from each movie. This merchandise can range from clothing to electronics to household items. Which type of growth strategy does this merchandise represent

Question

02-02-2021
Business

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The many successful movies produced by Disney are evidenced not only in the movies themselves, but in the various merchandise that features the characters from each movie. This merchandise can range from clothing to electronics to household items. Which type of growth strategy does this merchandise represent

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andromache andromache · Answer 1 · 2021-02-03T04:06:57+01:00

Answer:

related diversification

Explanation:

Since disney has generated the various merchandise that is connected to each other it could be range from clothing to electronics to household times

Here it would represent the related diversification as the products are diversified either introduce a new product or change in the old products

So this growth strategy would be considered in the given case

marvineetesh3 marvineetesh3 · Answer 2 · 2022-03-25T14:02:40+01:00

The type of growth strategy that is represented by the above merchandise is related diversification strategy.

What is the related diversification strategy?

Diversification is a business strategy that involves significantly diverse talents, technology, and knowledge in order to enter new products or product lines, new services, or new markets.

In the issue at hand, Disney has created a variety of merchandise that is related to one another, ranging from clothing to electronics to household items.

Here it would convey the related diversification as the products are modified or diversified, either presenting a new product or transforming in the old products

Therefore, in the above case, the related diversification strategy is used for growth.

Learn more about the related diversification, refer to:

https://brainly.com/question/417234