Question: which statement is correct concerning diversification? a) diversification ensures that the business will be able to find new markets in different geographical areas thus reducing

which statement is correct concerning diversification? a) diversification ensures that the business will be able to find new markets in different geographical areas thus reducing risk b) diversification will generally increase credit risk because management will be embarking on a different venture, leading to distraction from the core activity c) diversification into related products may result in either backward or forward integration and increase in efficiency

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