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Diversification vs Assortment - What's the difference?

diversification | assortment | Related terms |

As nouns the difference between diversification and assortment

is that diversification is the act, or the result, of diversifying while assortment is a collection of varying but related items.

diversification

English

(wikipedia diversification)

Noun

(en noun)
  • The act, or the result, of diversifying.
  • A corporate strategy in which a company acquires or establishes a business other than that of its current product.

    • assortment

    English

    Noun

    (en noun)
  • A collection of varying but related items.
    • This box has an assortment of chocolates, there's a picture on the cover so you know which is which.

    Synonyms

    * diversity, Whitman's sampler * See also