More often, it is because it makes financial sense for a family business to diversify.
When visionary companies like Apple are making business decisions to diversify out of California, it should give us pause.
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A. graduates in many cases may be more appealing to employers, and younger students could help diversify business schools' student bodies.
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The company is making efforts to diversify its business and concentrate more on consumer and commercial banking.
But Dell, meanwhile, continues to use acquisition to diversify its business more and more into the enterprise IT stack.
It has also managed to diversify its business in the past few years, acquiring a 27% stake in SAB Miller.
Google, while generating most of its revenues through its search platform, has been attempting to diversify its business into many segments.
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The firm, which also owns the Airfix and Corgi brands, however said its strategy to diversify the business was now paying off.
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The brothers operate on a simple business philosophy: You diversify or die.
Its boss, Ulrich Hartmann, continues to pooh-pooh the idea that big companies should devote themselves to just one business and let investors diversify.
This litigation has so far prevented Power REIT from progressing with its plans to diversify its business into Renewable Energy Real Estate.
Such companies diversify their business (a policy normally associated with managerial empire-building), increase the pay of executives and weaken the link between pay and performance.
We believe that DirecTV may need to make some strategic investment soon in order to better position itself against changing industry dynamics and diversify its business risk.
But a predictable and safe business always brings pressure to diversify, especially for quoted companies.
The Commission explains that the current context requires the creation of innovative business models in order to diversify the means of legal access to online contents.
Then, in 2003, Company A decided to diversify beyond its original business and develop new products using the new, game changing technology.
Grandpa may have made a fortune in the steel business, but to assure the prosperity of his descendants someone must diversify his investments against the day when steel is no longer a growth business and his progeny are numerous.
This, in turn, has supplied ample motive for investment banks to diversify out of their own business.
It is the last of the major domestic tobacco companies to enter the electronic cigarette market as part of the industrywide push to diversify beyond the traditional cigarette business.
Officially dubbed the public markets group, Nuttall and his team are growing the non- private equity business at KKR in an effort to diversify the firm through acquisitions and the launch of new products.
Recent example: helping a top semiconductor maker quickly diversify out of the depressed memory business by developing complex new systems on a chip.
Furthermore, the business presents the company with an opportunity to diversify its customer base and attain a superior revenue mix, considering its higher pricing is relative to the car sharing service.
It has become increasingly fashionable in business to focus on your core competencies rather than diversify your efforts.
Another problem is that most Chinese businesses are broad rather than deep, preferring to diversify rather than concentrating on a core business.
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With home-related lending making up more than 90% of its interest income, the bank has been trying to diversify, notably by expanding its retail business through a rapid programme of branch openings.
Yet even he has failed to get his company far in its 15-year quest to diversify out of Japan's mature leasing business.
China Telecom has long been looking for an opening to diversify out of the stagnant fixed-line business into the mushrooming mobile sector.
It is trying to develop technological capabilities and diversify beyond its legacy brick-and-mortar business model.
Google will take a 30% stake of all video sales from the store--an attempt to slightly diversify its revenue stream away from the lucrative advertising business.
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