The history of diversification features two periods: 1950 to 1980,when the trend was to diversify,and 1980 to today when most large firms refocused on their core businesses

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The trend from 1950 to 1980 was for companies to diversify, but from 1980 onwards, many firms began to refocus on their core businesses, often due to the realization that diversification did not always lead to better performance.

The History of Diversification Features Two Periods: 1950 to 1980,when