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Analyze the scenario where a company decided to diversify into a new industry, but it ended up reducing the firm's transparency in reporting its results.

Analyze the scenario where a company decided to diversify into a new industry, but it ended up reducing the firm's transparency in reporting its results. What could be a potential reason for this outcome? Question 4 options: The company did not consider the customer needs. The company is not familiar with the new industry. The company's managers failed to provide adequate oversight. The company has invested in the wrong industry. The company has not properly calculated the risks involved

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