Define diversification and its necessity in risk


HowRu, a private card business and its subsidiary, have a 14% share of the greeting card market. The card business is subject to seasonal cycles, with sales being highest during the holiday season. For this assignment, please complete the following:

What steps can this company take to diversify its portfolio?

Define diversification and its necessity in risk management.

Discuss at least 5 steps to diversify the card business.

Please give at least 6 suggestions of how and where funds can be allocated for new investments.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Define diversification and its necessity in risk
Reference No:- TGS01177074

Now Priced at $26 (50% Discount)

Recommended (92%)

Rated (4.4/5)