Hello,
The answer to this question would be A.<span> falls, and people desire to hold more money.
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Answer:
Diversification for pooling risks
Explanation:
When a company wants to diversify it goes into various products in order to reach a larger market. This is the opposite of specialisation where the company focuses on one market or product.
When a company wants to diversify it will not be a good idea to do it because they want to pool risk.
Pooling of risk involves centralisation of process so that risk due to variability will be reduced.
Diversifying will increase risk due to variability.
<span>The devolution revolution demanded that the national government return administrative authority to state governments.</span><span>Temporary assistance for needy families was one of the intentions of the devolution revolution.
</span>Proponents of devolution argue that the authority of state governments should be expanded.