Diversification Meaning
/dɪˌvɝsɪfɪˈkeɪʃən/Definition, CEFR level C2, pronunciation, examples, and quiz.
Listen pronunciation
Definition
nounThe act, or the result, of diversifying.
nounA corporate strategy in which a company acquires or establishes a business other than that of its current product.
Sentence Examples
Animal diversification is a process through which one species diverges into two or more species.
The company is working on diversification of its products.
CEFR Practice Quiz
The company's ____ into software helped reduce its reliance on hardware sales.
CEFR Practice Quiz (Alternate)
Animal ____ is a process through which one species diverges into two or more species.
Word Origin & History
From Medieval Latin diversificatiō, from diversificātus, past participle of diversificō (“diversify”), from Latin diversus (“turned in different ways”) + faciō (“make, do”). By surface analysis, diverse + -ification.
Literary Quotations & Historical Citations
"In 2024, the campaigns are against video game consulting companies such as Sweet Baby for performing what some gamers believe is “forced diversification.”"
— 2024 August 14, Vittoria Elliott, “Gamergate’s Aggrieved Men Still Haunt the Internet”, in WIRED:
Explore More C2 Vocabulary Words
CEFR Practice Quiz
The company's ____ into software helped reduce its reliance on hardware sales.
CEFR Practice Quiz (Alternate)
Animal ____ is a process through which one species diverges into two or more species.