Which of the following sayings illustrates the concept of diversification?
A) Don't throw the baby out with the bathwater.
B) A stitch in time saves nine.
C) Neither a borrower nor a lender be.
D) Don't put all your eggs in one basket.
E) Out of sight,out of mind.

Question

Quizplus · Accepted Answer

The saying "Don't put all your eggs in one basket" illustrates diversification. It means spreading out investments or resources to avoid risk or loss in case one investment or resource fails.

Which of the Following Sayings Illustrates the Concept of Diversification