According to one key study, a firm's performance decreases as it shifts from single-business strategies to related diversification.

Question

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This statement is not entirely accurate. Some studies have found that related diversification can lead to improved firm performance, while others have found no significant relationship. Therefore, it is not accurate to make a blanket statement that performance always decreases with a shift to related diversification.

According to One Key Study, a Firm's Performance Decreases as It