General Studies · Strategic Management
What is the primary purpose of business diversification?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To enable ERP implementation
- 2To mitigate and spread risk across different business areas✓
- 3To forecast future labour force requirements
- 4To balance production with procurement
Correct answer
To mitigate and spread risk across different business areas
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