For families employed and living in "company towns" (i.e., where the major employer owns all homes, retail stores, etc.), explain the lack of diversification
What will be an ideal response?
Since the large local employer owns all retail establishments, the demise of the company will cause the demise of the entire town. Distribution of ownership would reduce the impact of a company failure.
Business
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Indicate whether the statement is true or false
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The product-market expansion grid, like the BCG matrix, is used to identify growth opportunities
Indicate whether the statement is true or false
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