In 1966, the company entered product diversification presenting Stipomatic, an automatic dishwasher with two compartments.
Action sustained tremendous growth through gains in market share and product diversification over the next 20 years becoming a major force in the upholstered furniture industry.
Some attempts at product diversification are being made to counter the trend.
Some attempts at product diversification are being made.
By contrast, in the early 1970s (before the 1974 military coup), Portugal's export list reflected significant product diversification, including both consumer and capital goods.
And finally, product diversification and development, brought about by technological change or competitive pressures.
Cooper's mandate was to grow the chain through hotel expansion and product diversification.
AMC's flirtation with the muscle car market was a side effect of its mid-'60s product diversification.
Both management and analysts agree, however, that the company's future growth will come from the continuation of its international expansion and product diversification.
Today, however, the liquor industry's troubles and Bacardi's lack of product diversification has management worried.