Business Management Law Question
March 12th, 2024
Why is diversification beneficial for small businesses?
a) It increases dependency on a particular market segment
b) It makes them more vulnerable to market changes
c) It spreads their assets, making them less vulnerable to market changes
d) It requires investment in gathering and evaluating market data
Answer:
The correct answer is:
c) It spreads their assets, making them less vulnerable to market changes