Too much diversification has led some companies to sell off companies previously acquired during the merger boom.

Name: Too much diversification has led some companies to sell off companies previously acquired during the merger boom.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Some companies have found that diversifying too much can lead to a lack of focus and difficulty in managing all the different business units. As a result, they have chosen to sell off some of the companies they previously acquired.

Too Much Diversification Has Led Some Companies to Sell Off