Question: One large potential problem with diversification is that: a. Diversification is usually successful for only the first-movers in an industry. b. Managers may prefer growth

One large potential problem with diversification is that:

a. Diversification is usually successful for only the first-movers in an industry.

b. Managers may prefer growth into new industries / markets even when it isnt in shareholders best interests.

c. Consumers are rarely willing to pay more to buy from larger firms.

d. Diversification never works.

e. All of the above

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