The Academy of Management Annual Meeting Proceedings include abstracts of all papers and symposiums presented at the annual conference, abridged one-page versions of the "best papers" accepted for inclusion in the program, papers published in the Proceedings are abbreviated because submit documents to their, A Diversification strategy is a method of expansion or growth followed by businesses. It involves launching a new product or product line, usually in a new market. It helps companies identify new, Diversification is a major component of investment decision making under conditions of risk or uncertainty. However, paradoxically, as the crisis has revealed, the concept remains misunderstood. Our goal in writing this article is to correct this problem by reviewing the concept in portfolio theory. The core of our review focuses on Abstract. Diversification is a major component of investment decision making under conditions of risk or uncertainty. However, paradoxically, as the crisis has revealed, the concept. Res. The purpose of diversification in portfolio management is to reduce portfolio risk. This is done by spreading investments across different asset classes, sectors and geographic regions. This helps minimize the impact of market volatility and improve overall portfolio performance. 2.Example: human resources management. Leaders of most organizations focus on production management, finance, and marketing. At that time, human resources continues to be the weakest link in the overall governance system. I want to demonstrate that the importance of HR governance should come first. At the landscape level, diversification can be achieved by integrating multiple production systems, for example by mixing agroforestry management with crops, livestock and fallow to create a highly diversified agricultural area. Earth. Gurr et al. 2003. It is important to recognize that diversity can be created temporally since, the first systematic empirical analysis on the implications that different types of diversification can have on performance was carried out during the 1970s, as suggested at least in the US strategy of the presence of diversification in addition, very similar activities had achieved better results than the conglomerate,