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One Substitute for Diversification That Exists Is That Instead of Obtaining

question 52

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One substitute for diversification that exists is that instead of obtaining cost or revenue advantages from exploiting economies of scope across businesses in a diversified firm, a firm may decide to simply grow and develop each of its businesses separately.


Definitions:

Relational Psychoanalysis

A branch of psychoanalysis that emphasizes the importance of interpersonal relationships in the development and treatment of mental disorders.

Internal Conflicts

Psychological struggles that occur within a person, arising from competing desires, needs, or beliefs.

Human Relationships

Interpersonal connections and interactions between individuals, which are foundational to understanding social behavior and dynamics.

Intrapsychic Conflict

A struggle among the different components of the mind or self, often involving competing desires or needs, a concept frequently explored in psychodynamic therapy.

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