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to diversify
01
(of a business) to increase the range of goods and services in order to reduce risk of failure
Intransitive: to diversify into a field of activity
Examples
The technology company decided to diversify into the healthcare sector.
02
to change something in order to add variety to it
Transitive: to diversify sth
Examples
The university is working to diversify its faculty to create a more inclusive academic environment.
Lexical Tree
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