Product diversification is a strategy employed by a company, at a business or corporate level, to increase profitability and achieve higher sales volume from new products. In the words of Warren ...
Even for a profitable business, having a single point of failure can be a fatal weakness. You have one big customer and can't survive without them. You have one killer product but nothing to fall back ...
On returning to Sri Lanka after a decade or so, I found myself struggling to identify the core business activities of some leading local firms that I knew. They have moved away from their principal ...
With economic turbulence not letting up post-pandemic, the adage “don’t put all your eggs in one basket” has never rung truer. For Philippine small and medium enterprises (SMEs), the economic slowdown ...
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