Examlex
In judging the attractiveness of the industry that a multibusiness company has diversified into,it is important to:
House Money Effect
The tendency of individuals to take higher risks when dealing with profits from previous bets or investments, as if playing with "house money."
Lottery
A form of gambling that involves drawing numbers at random for a prize, with varying rules and structures depending on the type.
Business Venture
An entrepreneurial enterprise or new business that is undertaken with the expectation and plan of achieving financial gains.
Ultra Conservative
describes an extremely cautious investment strategy or stance, prioritizing capital preservation over growth or high returns.
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Q111: Checking a diversified company's business portfolio for