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CSU m a Ry bus n ess61% of U.S. sales from products where we have the #1 market Sharon strategy is to diversify our revenue stream and derive 50% from outside the U.S. Table of Contents Letter to
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Evaluate your current market position and understand your target audience.
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Diversification strategies include market development, product development, market penetration, and diversification.
Businesses looking to expand and grow their market presence are required to file four strategies to diversify.
Fill out the form with details on the chosen strategies for diversification and how they will be implemented.
The purpose of diversification strategies is to reduce risk, increase revenue streams, and explore new markets.
Information such as the selected diversification strategies, implementation plan, expected outcomes, and timeline must be reported.
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