In the past several years, Dawson Inc., a consumer durables company, has been focusing only on a particular region due to its forecasted potential for the durables industry. Due to recessionary conditions in the region, the sales of Dawson's products have been hit hard, resulting in severe losses. Which of the following strategies could prevent such a scenario?

Question

Quizplus · Accepted Answer

Global diversification could prevent such a scenario by spreading the company's market presence across different regions, thereby reducing its vulnerability to economic downturns in any single region.

In the Past Several Years, Dawson Inc