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Lee Frederiksen’s Article on Diversification Published by AccountingToday
AccountingToday published Lee Frederiksen’s article, “Does service diversification reduce risk for firms?” In this article, Lee references the old adage, “don’t put all your eggs in one basket,” to remind readers of the common advice regarding diversification. However, he cites Hinge’s research finding that that firms that specialized grew twice as fast as firms that could be described as “generalists.”
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