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4 votes
During reccesion, why high specialized is less likely to survive than diversified firm

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User Puce
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1 Answer

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Answer: mostly diversified companies should presumably survive in them. Given the ... dominance of specialized firms vs. diversifiers across a large set of industries. ... may even become less efficient than specialized firms, we expect than specialized firms ... we are more likely to observe vertical integration.

Step-by-step explanation:

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User Kurczak
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