What was the key challenge as companies jumped on the diversification bandwagon?

Question

Quizplus · Accepted Answer

Managing the resource needs of diverse businesses was the key challenge as companies jumped on the diversification bandwagon. Diversification often involves investing in businesses with different operating models, customer bases, and infrastructure needs, which creates challenges in allocating resources efficiently and effectively. Companies need to ensure that they have the necessary expertise and resources to manage diverse businesses and avoid spreading themselves too thin.

What Was the Key Challenge as Companies Jumped on the Diversification