Question: We've got a strong balance sheet, so we have a lot of options. I think our biggest challenge might be narrowing down what we actually
We've got a strong balance sheet, so we have a lot of options. I think our biggest challenge might be narrowing down what we actually want to pursue and whether we want to move into more related or more unrelated diversification.
Give us your thoughts on the related versus unrelated diversification question.
What are some of the advantages of unrelated diversification?
A. It diversifies our personal investments in Cozy Cotton.
B. We can reap economies of scope across these business lines.
C. It can leverage the Cozy Cotton brand that means clothing that feels and looks good
D. We could add value to some new businesses through our role as a corporate parent.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
