Hawthorne Corporation, a leading watch manufacturer based in California, had operations across various countries. When a massive flood hit California and its surrounding areas, many people lost their lives in the flood. However, this event did not affect Hawthorne Corporation substantially, as it functioned across many nations. This implies that the organization had diversified its _____ by not being completely dependent on its operations in California.

Question

Quizplus · Accepted Answer

By operating in multiple countries, Hawthorne Corporation diversified its business risk, reducing dependency on any single location's operations.

Hawthorne Corporation, a Leading Watch Manufacturer Based in California, Had