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.

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Definitions:

Self-Protection

The behaviors and actions individuals take to defend their well-being and ensure their safety from harm or danger.

Situational

Pertains to being influenced or determined by the immediate circumstances or context in which events occur or decisions are made.

Dispositional

Pertaining to the inherent qualities, traits, or characteristics of an individual that influence their behaviors and attitudes.

Gang Norm

The shared expectations and rules that govern the behavior of members within a gang or similar group.