MANAGEMENT

Detailed explanation-1: -Answer. Explanation: Diversification is a strategy that mixes a wide variety of investments within a portfolio in an attempt to reduce portfolio risk. Diversification is most often done by investing in different asset classes such as stocks, bonds, real estate, or cryptocurrency.

Detailed explanation-2: -Diversification is a risk-reduction strategy that involves adding product, services, location, customers and markets to your business’s portfolio. This Spotlight shines light on key considerations for businesses interested in growing operations to international markets.

Detailed explanation-3: -The correct answer is e) Market expansion. To diversify, a company will expand to a new market.

Detailed explanation-4: -This strategy is used when the firm targets a new market with existing products. There are several examples. These include leading footwear firms like Adidas, Nike and Reebok, which have entered international markets for expansion. These companies continue to expand their brands across new global markets.