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Talja [164]
2 years ago
11

Definition of Diversification-

Business
2 answers:
Darina [25.2K]2 years ago
6 0

Answer:

the action of diversifying something or the fact of becoming more diverse

Explanation:

Andrej [43]2 years ago
3 0
I’m assuming this question is within the context of business or economics so I’ll frame my answer accordingly. Diversification is varying your portfolio(the investments you make or in a business’ case, the services they) to help lower the overall risk you take on. An example of this is a company that offers invests in oil, hotels, and restaurants. If the oil industry took a dive, the firm would not go under cause of revenue from its other investments.
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Explanation:

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Answer:

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