What type of risk is represented by the familiar cliché "don't put all of your eggs in one basket"?

Name: What type of risk is represented by the familiar cliché "don't put all of your eggs in one basket"?
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Quizplus · Accepted Answer

The cliché "don't put all of your eggs in one basket" refers to the concept of diversification to mitigate business risk by spreading investments or resources across different areas to reduce the impact of a single point of failure.

What Type of Risk Is Represented by the Familiar Cliché