Business, 27.07.2019 20:30 joelpimentel

|50 points | what is diversification and what is its purpose ?

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Answer from: Ashbff18

Diversification is the process in which the money is invested in different areas. This is mostly used in long distance financial deals or goals where the risk is very little.

Answer from: ashley54899

Hey You!

Diversification means to make something more diversed, the state of being diversed. It is also a risk management technique that mixes a wide variety of investments within a portfolio. Diversification is the practice of varying products, operations, in order to spread risk. It's purpose is to maximize returns, increasr the risk of your portfolio.

Answer from: Quest

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

Answer from: Quest

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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