Diversification is a term often used in discussions of investment or risk reduction. Remember that risk has many components; company, industry, interest rate, and reinvestment are a few examples. There are both diversifiable and non-diversifiable risks in any investment decision. Write a one page half paper that describes why the need to diversify poses a unique problem for business owners. In your paper, consider the following questions:
Can they diversify? How?
What are the biggest risks?
How can business owners protect themselves?
No copying please and if you use references list them