Too much diversification has led many companies to sell off companies previously acquired during the merger boom.

Question

Quizplus · Accepted Answer

Many companies have realized that diversification can lead to a lack of focus and difficulty in managing a large portfolio of businesses. As a result, they have sold off non-core businesses acquired during the merger boom to simplify their operations and focus on their core strengths.

Too Much Diversification Has Led Many Companies to Sell Off