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Hawthorne Corporation, a leading watch manufacturer based in California, had operations across various countries. When a massive flood hit California and its surrounding areas, many

Hawthorne Corporation, a leading watch manufacturer based in California, had operations across various countries. When a massive flood hit California and its surrounding areas, many people lost their lives in the flood. However, this event did not affect Hawthorne Corporation substantially, as it functioned across many nations. This implies that the organization had diversified its _____ by not being completely dependent on its operations in California.

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