Firms Use Multiproduct Strategies to Diversify for All of the Following

question 27

Multiple Choice

Firms use multiproduct strategies to diversify for all of the following reasons except

• A) smoothing out revenue and earnings flows.
• B) reducing the risk of having a single product line.
• C) developing economies of scale.
• D) gaining exposure to different technologies.

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Definitions:

Training Program Evaluation

A process of assessing the effectiveness and impact of training programs on participants' skills, knowledge, and performance.

Training Effectiveness

The measure of how beneficial training programs are in improving the performance and skills of individuals or groups.

Title VII

A provision of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act of 1964

Landmark legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin.