An appropriate reason to diversify is to pool the risk from several business ventures to create a more stable income stream.
Correct Answer:
Verified
Q12: Firms can create profitable new business units
Q12: The coordination required to realize value from
Q13: When a firm does not pay out
Q14: Economies of scope arise when one or
Q15: A company can pursue relative diversification to
Q16: An advantage of a joint venture is
Q18: Transferring competencies across industries involves taking a
Q19: Research finds that the higher the number
Q22: When McDonald's introduced the McCafe, it began
Q28: A laundromat and a pool hall together
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents