diversification
the process of varying or expanding into different areas or categories
The company implemented a diversification strategy to reduce its dependence on a single product line.
Set 54 · Study 1 / 5
Exitthe process of varying or expanding into different areas or categories
The company implemented a diversification strategy to reduce its dependence on a single product line.
Set 54 of IELTS Vocabulary covers 5 words: diversification, collaborator, encouragement, variable, rival. Each entry below includes its definition, an example sentence, and synonyms — practice them with the interactive cards above.
the process of varying or expanding into different areas or categories
The company implemented a diversification strategy to reduce its dependence on a single product line.
a person who works jointly on an activity or project with others
The researchers welcomed a new collaborator to their team to enhance the project's scope.
the act of giving support, confidence, or hope to someone
Her words of encouragement helped me overcome my fears and pursue my dreams.
a symbol or quantity that can change or take on different values
In the equation, 'x' serves as a variable that represents different values depending on the context.
a person or thing that competes with another for the same objective or for superiority in the same field
In the championship game, the two teams faced off against their fiercest rival, each determined to claim victory.