what are the two ways diversification strategies can create value

Module 08: Discussion Forum

This week, the focus has been on reflecting on different approaches to strategy and the capability of those to utilize existing positions and strengths versus their encouragement of the development of alternative or creative outcomes.

With these thoughts in mind, what are the two ways diversification strategies can create value?

• Embed course material concepts, principles and theories, which require supporting citations along with at least one scholarly peer-reviewed reference in supporting your answer unless the assignment calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.
• You need to reply to at least two peer discussion question post answers to this weekly discussion question. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn?t fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.
• Use Saudi Electronic University academic writing standards and APA style guidelines.

I need not less than 3 paragraphs to answer this question..