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A Nondiversified Single-Business Firm Faces Less Risk Than a Diversified

question 70

True/False

A nondiversified single-business firm faces less risk than a diversified firm.


Definitions:

Principle of Utility

A philosophical principle asserting that the best action is the one that maximizes overall happiness or pleasure and minimizes overall pain or harm.

Particular Acts

Refers to specific actions taken by individuals or groups, often analyzed in ethical, legal, or social contexts to determine their morality or impact.

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