Question
Because diversification is a desirable strategy for avoiding risk, it never makes sense for a financial institution to specialize in making specific types of loans.
Because diversification is a desirable strategy for avoiding risk, it never makes sense for a financial institution to specialize in making specific types of loans." Is this statement true, false, or uncertain? Explain your answer.
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Management A Practical Introduction
Authors: Angelo Kinicki, Brian Williams
2nd Edition
1743769849, 978-1743769843
