Managing highly diverse and complex portfolios of businesses is both time consuming and distracting. This is particularly true when the businesses are in largely related industries.

Question

Quizplus · Accepted Answer

Managing highly diverse and complex portfolios can indeed be time-consuming and potentially distracting, but the statement is incorrect in saying this is particularly true when the businesses are in largely related industries. In fact, managing businesses in related industries can offer synergies and efficiencies, making it potentially less distracting and time-consuming than managing businesses in completely unrelated industries.

Managing Highly Diverse and Complex Portfolios of Businesses Is Both