Diversifying the financing base means diversifying sales, location of production facilities, and raw material sources.

Question

Quizplus · Accepted Answer

Diversifying the financing base means diversifying the sources of funding the company relies on, such as using different types of loans or seeking investments from multiple sources. It does not necessarily involve diversification of sales, production facilities, or raw material sources, although these actions may also help to mitigate financial risk.

Diversifying the Financing Base Means Diversifying Sales, Location of Production