Conglomerates Diversify Business Risk by Participating in a Number of Different

question 72

True/False

Conglomerates diversify business risk by participating in a number of different markets.

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Definitions:

Blame-free Environment

A work culture where individuals are encouraged to report mistakes without fear of punishment, facilitating open communication and continuous improvement.

Core Business

The primary area of activity within an organization that is central to its identity and typically generates the majority of its revenue.

Inattention

The lack of focus or concentration on a task or the present moment, which can lead to errors or oversights.

Deliberate Practice

A method of skill development involving focused, structured practice with the aim of improving performance.