Multiple Choice
Diversification merits strong consideration whenever a single-business company
A) has integrated backward and forward as far as it can.
B) faces diminishing market opportunities and stagnating sales in its principal business.
C) has achieved industry leadership in its main line of business.
D) encounters declining profits in its mainstay business.
E) faces strong competition and is struggling to earn a good profit.
Correct Answer:

Verified
Correct Answer:
Verified
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