An Appropriate Reason to Diversify Is to Pool the Risk

question 25

True/False

An appropriate reason to diversify is to pool the risk from several business ventures to create a more stable income stream.

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Definitions:

Positive Organizational Behavior

A focus on the strengths and virtues that enable individuals and organizations to thrive, emphasizing positive outcomes, improvement, and resilience.

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behaviors and attitudes.

High-involvement Management

Describes organizational practices that empower employees by involving them in decision-making processes and giving them a degree of autonomy and control over their work.

Positive Organizational Behavior

Focuses on the application of positively oriented human resource strengths and psychological capacities that can be measured, developed, and effectively managed for performance improvement in the workplace.