Diversification is determined by adding value.

Name: Diversification is determined by adding value.
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

Diversification is the process of adding new products or services to a company's portfolio. This can be done to reduce risk, increase revenue, or enter new markets. When diversification is successful, it can add value to the company by increasing its overall profitability and stability.

Diversification Is Determined by Adding Value