What is one reason why diversification is considered to be the riskiest type of growth strategy?

(1 point)
Responses

because of the unknowns of obtaining new distribution channels

because of the unknowns of obtaining new distribution channels

because of the risk of losing revenue through price slashing

because of the risk of losing revenue through price slashing

because of unfamiliarity with overseas cultures and laws

because of unfamiliarity with overseas cultures and laws

because of the need to learn about a whole new business

1 answer

because of the need to learn about a whole new business