Question: 1)In the article to Diversify or Not to Diversify the author describes multiple examples of firms both successful and unsuccessful at diversifying. Would you please

1)In the article "to Diversify or Not to Diversify" the author describes multiple examples of firms both successful and unsuccessful at diversifying. Would you please elaborate on one of these stories? Here are a couple to choose from or pick another one from the article - Coca Cola going into the wine business, United Kingdom's Boddington moving from beer to retailing or Blue Circle moving into lawn mower building business.

2)

Which of the following statements is false?

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a

Authority syndrome is where "lack of authority" is used as an excuse for lack of performance.

b

If one lacks authority, it's not one's fault that one can't get work done - it's management's responsibility.

c

A supervisor has responsibilities for their own unit, so one should focus primarily on what is best for one's unit and not the larger organization.

d

The greatest causes of sub-optimization is human nature and management deficiencies.

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