Question: Why does diversification often fail to boost profitability? Question 1 options: De-diversification can often occur as a result of the company's efforts. The benefits created

Why does diversification often fail to boost profitability? Question 1 options: De-diversification can often occur as a result of the company's efforts. The benefits created by the strategy are exceeded by the bureaucratic costs of diversification. Entry into new industries cannot rescue a core business that is in trouble. The sheer number of businesses in the diversification make managing them unreasonable. Corporate diversification is not an effective way to pool risks

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