Our designated strategy for growth is related diversification, which means to expand activities into product lines that are similar to those it...

Our designated strategy for growth is related diversification, which means to expand activities into product lines that are similar to those it currently offers. Foleo Fones currently produces phones, and hence we have decided to expand such activities in the introduction of a tablet to support growth in New Zealand. We have decided to name the product 'SliPad'.