Diversifiability

/daɪˌvɜːrsɪfaɪəˈbɪləti/ noun

Definition

The quality of being capable of being diversified; the potential to develop variety or expand into different areas.

Etymology

From 'diversifiable' (which can be diversified) + the suffix '-ity' (forming abstract nouns). Built on Latin 'diversus' and 'facere' (to make).

Kelly Says

Companies measure their diversifiability—how easily they can expand into new product lines or markets—because the most successful businesses rarely depend on just one thing.

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