diversify
1 of 1verb/daɪˈvɜrsəfaɪ/
Forms:diversifies,diversifying,diversified,diversified
1
(of a business) to increase the range of goods and services in order to reduce risk of failure
- The technology company decided to diversify into the healthcare sector.
- The clothing retailer plans to diversify into the home decor market.
- The software company aims to diversify into mobile app development.
- The energy company is exploring opportunities to diversify into renewable energy sources, such as solar and wind power.
- The automotive manufacturer intends to diversify into electric vehicles.
Synonyms:
Antonyms:
2
to change something in order to add variety to it
transitive- The university is working to diversify its faculty to create a more inclusive academic environment.
- The artist seeks to diversify their artistic style by exploring various techniques.
- The artist sought to diversify her portfolio by experimenting with different mediums and styles.
- The teacher diversified the lesson plans by incorporating hands-on activities, group discussions, and multimedia presentations.
- The chef decided to diversify the menu by incorporating new flavors and ingredients.