The object of diversification is
A) to reduce risk and fluctuations in income.
B) to reduce risk, but not to reduce fluctuations in income.
C) to reduce fluctuations in income, but not to reduce risk.
D) neither to reduce risk, nor to reduce fluctuations in income.
A
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Economic developments after the Civil War (1861–1865) in the South include all of the following except
(a) A decline in cotton prices with the result that poverty associated with cotton became a fixed feature of the South (b) The relatively widespread land ownership among the freed slaves (c) The widespread adoption of the sharecropping system (d) The widespread debt peonage for the freed slaves
Fred Powell of TruLite makes a verbal pledge to every new employee that he will not lay off employees after they have worked for TruLite for two years and that TruLite will make all promotions internally. Why would Powell make such a pledge? Why is the pledge oral?
What will be an ideal response?
If the price of good X is $10 and the price of good Y is $5, how much of good X will the consumer purchase if her income is $15?
A. 3 B. 0 C. 2 D. Cannot tell based on the above information.
Which of the following is a possible benefit of labor unions?
A. It may facilitate a smooth relationship between labor and management. B. It may provide workers an intermediary to discuss job issues with managers. C. It may lead to an increase in productivity. D. All of these