diversification diversification  /daɪ ˌvɜr sə fə ˈkeɪ ʃən/

Definition(s):

  1. (n) the act of introducing variety (especially in investments or in the variety of goods and services offered)
  2. (n) the condition of being varied

Usage(s):

  1. Dairyland Farm World, a farm-turned-theme-park in southwestern England, has gone down the diversification route.
  2. The cost-cutting boosted earnings and fueled the firm's next phase--diversification.
  3. Getty questioned the company's diversification ventures, including those into insurance and cable television.

News

  1. Pfizer not off the hook for asbestos case

    Diversifying a business can make sense, but Wednesday presented an example of diversification gone awry. Pfizer Inc. is the world leader in selling prescription medicine and has a big operation in Collegeville. But part of its legion of lawyers was in ...
    on June 27, 2013     Source: MedCity News

  2. Drugmaker Pfizer fails to escape costly asbestos case

    Diversifying a business can make sense, but Wednesday presented an example of diversification gone awry. Pfizer Inc. is the world leader in selling prescription medicine and has a big operation in Collegeville. But part of its legion of lawyers was in federal bankruptcy court in Manhattan handling a $964 million settlement fund of cash and assets for some - but not all - people claiming harm ...
    on June 27, 2013     Source: Philly.com

  3. The Wrong Kind Of Diversification

    Asset class diversification is a good thing because it lowers the potential for a large loss. However, diversifying actively managed mutual funds within an asset class is a bad thing because it decreases the already low probability for outperforming a comparable portfolio of all index funds. If you can?t buy index funds, then pick one active fund per asset class and hope for the best.
    on June 24, 2013     Source: Forbes

Quotes

  1. Explaining the rationale behind the offer, News Corp. COO Chase Carey told reporters that his company would benefit by "increasing the geographic diversification of our earnings base, reducing our exposure to cyclical advertising revenues and...
    on Jul 1, 2010 By: Chase Carey Source: Linex Legal (registration)

  2. The deal, which requires legal and regulatory approval, "accelerates the execution of our strategy of diversification by geography and business in pursuit of profitable growth on behalf of our shareholders," Varley said in the statement.
    on Sep 16, 2008 By: John Varley Source: Bloomberg

  3. "This outperformance was driven by the strong product cycle we're in the midst of, as well as the diversification of our user base across multiple geographies and multiple market segments," RIM co-Chief Executive Jim Balsillie said during a...
    on Oct 4, 2007 By: Jim Balsillie Source: Reuters Canada

Word of the Day
periphery periphery
/pə ˈrɪ fə ri /