Vertiaplume, a drug manufacturing company, exports its products to more than 15 countries around the world. Regardless of reduced sales in one of these countries, Vertiaplume is able to maintain its overall profits. In the given scenario, which of the following is a reason behind Vertiaplume's ability to maintain its overall profits?

Question

Quizplus · Accepted Answer

Diversifying its market by exporting to multiple countries reduces the risk of relying on a single market, allowing Vertiaplume to maintain overall profits despite reduced sales in one country.

Vertiaplume, a Drug Manufacturing Company, Exports Its Products to More