Managers sometimes choose to diversify because they are motivated by power,income,and status.

Question

Quizplus · Accepted Answer

Managers may choose to diversify their organization in order to increase their power, income and status. Diversification can lead to increased revenue, profitability and market share, which can enhance the manager's reputation and career prospects. Additionally, being in charge of a diverse set of businesses can give a manager a sense of control and influence over a wider range of industries and markets.

Managers Sometimes Choose to Diversify Because They Are Motivated by Power,income,and