Product Diversification by a Company Is a Cheaper Way to Reduce

question 10

True/False

Product diversification by a company is a cheaper way to reduce shareholder risk than portfolio diversification by shareholders.

---

Definitions:

NLRB v. Jones and Laughlin Steel Corporation

A landmark 1937 United States Supreme Court case that upheld the constitutionality of the National Labor Relations Act, affirming the national government's power to regulate labor relations.

Federal Mediation and Conciliation Service

A U.S. government agency that provides mediation and conciliation services to facilitate the resolution of labor disputes between unions and employers.

Voluntary Mediation

A process where parties in dispute agree to seek a resolution with the help of a neutral third-party mediator without the involvement of a court.

Labor Dispute

Conflicts between employees and employers regarding working conditions, wages, contracts, or union rights.