Difference between revisions of "Diversification"
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
:[[Diversification]]. Investing in a wide range of companies, to reduce the level of risk. | :[[Diversification]]. Investing in a wide range of companies, to reduce the level of risk. | ||
| − | + | According to the [[Strategic Management by Parnell (4th edition)]], | |
| + | :[[Diversification]]. The process of acquiring companies to increase a firm's size. | ||
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 21:35, 11 July 2020
Diversification is investing in a wide range of companies, to reduce the level of risk.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Diversification. Investing in a wide range of companies, to reduce the level of risk.
According to the Strategic Management by Parnell (4th edition),
- Diversification. The process of acquiring companies to increase a firm's size.
