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paraphrase the following According to Olsen, Kalsnes, and Barland (2021) diversify revenue streams refers to expanding a business's income sources across different products, services, markets,
paraphrase the following According to Olsen, Kalsnes, and Barland (2021) diversify revenue streams refers to expanding a business's income sources across different products, services, markets, or industries to reduce risk and increase financial stability. According to the case study diversifying revenue streams is essential in the current market to mitigate risks associated with traditional print media revenue. Tiso Blackstar can explore alternative income sources such as digital subscriptions, hosting events and webinars, creating sponsored content, and offering branded merchandise for sale
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