noun, noun or participle which takes 'suru'
business diversification
Refers to a company expanding into new products, services, or markets. Often used in business and economic contexts.
当社は経営多角化を進め、新たな事業分野に参入した。
Our company has promoted business diversification and entered new business fields.
経営多角化はリスク分散の手段として有効だ。
Business diversification is effective as a means of risk distribution.