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The focus on chapter 6 is diversification which can mean different things for companies depending on

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The focus on chapter 6 is diversification which can mean different things for companies depending on the context.For example, companies can diversify their product and services portfolio to account for seasons, economy, trends, consumer presences, or to account for changing trends, etc.What are some types of diversification discussed in chapter 6?Is diversification necessary for all companies? Why or why not?How can diversification impact revenue?Please respond 200 word minimum

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