reducing risk of relying on only one or few income source avoid cyclical or seasonal fluctuation by producing goods or services with different demand achieving a higher growth rate
There are two main reasons to diversify:
diversification may benefit the firm's owners through increasing the efficiency of the firm diversification decisions may reflect the preferences of the...
The advantages and disadvantages of conglomerate diversification are as follows: Advantages of conglomerate diversification a. Risk spreading ? entering new products into new markets offers...