Firms Performing Poorly May Seek Greater Levels of Diversification Because

question 25

True/False

Firms performing poorly may seek greater levels of diversification because they become more risk-seeking.

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Definitions:

Flexible Manufacturing

A system that allows for easy adaptation to changes in product design and demand by using versatile equipment and computer systems.

Remote-Controlled Carts

Wheeled conveyances operated from a distance using electronic remote control, often utilized for carrying goods or performing specific tasks.

Offshore Assembly Plants

Factories located in another country than where the finished product is sold, used by companies to reduce production costs.