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6. Diversification is way for businesses to reduce or diversify business risks. Diversification can also be done to improve operational or financial synergy of companies.

6. Diversification is way for businesses to reduce or diversify business risks. Diversification can also be done to improve operational or financial synergy of companies. a) Freely discuss the concept of diversification, the types of diversification and the comprehensive model of diversification for a multinational firm of your choice (18 marks). b) What are the business implications of culture on diversification of businesses? (7 marks)

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