Description
Identify a firm that has recently engaged in diversification. Search the firm's website to identify executives' rationale for diversifying. Do you find the reasoning to be convincing? Why and why not?
Explanation & Answer
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Diversification is a risk management approach which is achieved by allocating
investments among different financial industries, instruments and other divisions. The main aim
of diversification is maximizing the return through making several investments in various areas
which could have different reactions in case a simi...