An Appropriate Reason to Diversify Is to Pool the Risk

question 67

True/False

An appropriate reason to diversify is to pool the risk from several business ventures in order to create a more stable
income stream.

---

Definitions:

Master Skills

Acquiring a high level of proficiency or expertise in particular abilities or fields.

Tying Shoelaces

The act of looping and knotting the laces of shoes to secure them on the feet, often taught as a basic life skill in childhood.

Buttoning Shirts

The act of fastening the buttons on a shirt, which can serve as an example of fine motor skills and daily living activity.

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.