This diversification has proven to be a pillar of the company’s strength

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Lowe's business model offers a wide range of products for homeowners and contractors at competitive prices. Lowe's operates more than 1,700 stores in North America and has a significant online presence. The company's core products include appliances, building materials, home decor, and garden supplies, but Lowe's also offers installation and repair services to further differentiate itself from competitors. Overall, Lowe's focus on customer satisfaction, convenience, and innovation has helped the company gain a strong market position in the home improvement industry.


In the highly competitive business landscape, companies with a diversified portfolio enjoy a distinct estonia phone number data advantage. ITC has strategically ventured into multiple sectors including fast-moving consumer products (FMCG), agribusiness, hotels, paperboard and information technology.



ITC Ltd’s diversified portfolio provides a buffer against market fluctuations that can affect individual sectors. By operating in multiple sectors, the company can mitigate the impact of adverse conditions in a particular sector. Diversification reduces ITC Ltd’s dependence on a single sector, particularly its historical association with tobacco.