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Portfolio Strategy Is a Corporate-Level Strategy That Minimizes Risk by Diversifying

question 49

True/False

Portfolio strategy is a corporate-level strategy that minimizes risk by diversifying investment among various businesses or product lines.


Definitions:

Scarce Resources

Natural or human resources that are limited in supply and cannot fulfill all wants and needs due to their finite availability.

Free Lunch

An idiom expressing the idea that it is impossible to get something for nothing; in economics, it refers to the impossibility of getting a benefit without a cost.

Scarce

Limited in availability relative to the demand.

Taxpayers

Individuals or entities that are required to pay taxes to a government body, based on their income, property, or purchases.

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