The quickest and easiest way for a firm to diversify its portfolio of businesses is to make acquisitions.

Question

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Acquiring another company that operates in a different industry or market segment is a fast way for a firm to diversify its portfolio of businesses, as it allows them to immediately gain access to new products, customers, and markets. This can be quicker and easier than launching new products or expanding into new markets on their own.

The Quickest and Easiest Way for a Firm to Diversify