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  4. Functions (hierarchy name)
  5. functions (activities)
  6. [functions by general context]
  7. [economic and financial functions]
  8. diversification
Scope note
Act or practice of manufacturing a variety of products, selling a variety of merchandise, or investing in a variety of securities, for example, so that failure in or economic slump affecting one of them will not be disastrous.
Accepted term: 08-Jul-2024