Assume that the Ken Cory Consulting and Construction Company is involved in four different businesses that have almost nolinkages between them (such as being in financial consulting, road construction, wheat farming, and auto repair industriessimultaneously). Now assume that the financial consulting company accounts for 12% of total company revenues, roadconstruction accounts for 74% of company revenues, wheat farming accounts for 10%, and auto repair accounts for 4% of totalcompany revenues. What is the best way to describe the level or category of diversification that the Ken Cory Company has?O ConglomerateO Single BusinessO Related-LinkedO Dominant Business

(a) Conglomerate Diversification: Conglomerate diversification refers to a corporate strategy where…

Answered: Assume that the Ken Cory Consulting and…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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