Question: When should diversification into new industries be considered? when a single - business firm is already profitable in its current industry. when a single -

When should diversification into new industries be considered?
when a single-business firm is already profitable in its current industry.
when a single-business company has diminishing market opportunities and faces stagnating sales in its core business.
when a multiple-business company has better market opportunities and increasing sales in its core business.
when a single-business company needs to develop its functional strategies.
when a single-business company needs to develop a multi-line strategy.
When should diversification into new industries be considered? when a single-business

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