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Select a company(Johnson & Johnson). In the event Johnson & Johnson has the opportunity to diversify into other products or businesses of your choosing, would you opt to pursue related diversification
Select a company(Johnson & Johnson). In the event Johnson & Johnson has the opportunity to diversify into other products or businesses of your choosing, would you opt to pursue related diversification, unrelated diversification, or a combination of both? Explain why? Identify one pro and one con associated with your choice(s) of diversification.Incorporate our coursework from this week into your post.Your initial response to the discussion question should be250-300 words. You must have at least one course and one non-course scholarly/peer reviewed source in your initial posting. Sources require in-text citations and must be incorporated into the body of the post in addition to a full APA citation at the end of the post. Incorporate a minimum of one outside scholarly sources to support your initial post.Learning Outcome:Examine the driving forces behind business diversification.Learning Objectives: Evaluate related and unrelated diversification strategies. Demonstrate an understanding of key strategic terminology.