1. Answer in 250-300 words. Describe when it makes good strategic sense for a company to consider diversification.
2. Answer in 250-300 words. Fully explain the difference between a strategy of related diversification and a strategy of unrelated diversification.
3. Answer in 250-300 words. Explain the difference between a cash cow business and a cash hog business. Tell how you can use financial statements to verify this.