noun
the act or process of diversifying; state of being diversified
adjective
relating to or involving diversification
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The company decided to pursue diversification in order to reduce risk and explore new opportunities.
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I heard that they're looking into diversification to mix things up a bit.
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They're thinking about switching things up with some diversification.
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Diversification is like planting different seeds in your financial garden to ensure a bountiful harvest.