Which of the following statements is true of a portfolio strategy?
A) It guides the strategic decisions of corporations that compete in a variety of businesses.
B) It guides an investor who invests in a variety of stocks.
C) It reduces risk by buying a variety of items so that the failure of one business does not doom the entire portfolio.
D) It focuses on increasing profits, revenues, or the number of places in which a company does business.
Correct Answer:
Verified
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