Why Would a Firm Offer a Wide Variety of Products

question 1

Multiple Choice

Why would a firm offer a wide variety of products in its product portfolio?

• A) To attract a wide range of customers and market segments.
• B) To capitalize on the firm's reputation.
• C) To diversify its risk.
• D) To maximize differentiation across its product lines.
• E) None of the above.

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Definitions:

Articles of Consolidation

Legal documents filed to formalize the merger of two or more corporations, resulting in a single legal entity.

Consolidation

The act of combining multiple entities, assets, or financial statements into a single entity, often for strategic, efficiency, or financial reasons.

Going Private

The process by which a publicly traded company is transformed into a privately held entity, often through the purchase of all outstanding shares.

Hostile Takeover

A takeover to which the management of the target corporation objects.