
Diversified multinational corporation
A diversified multinational corporation is a large company that operates in multiple countries and has a variety of different businesses or industries under its umbrella. Instead of focusing on just one product or service, it spreads its activities across several sectors, such as technology, healthcare, finance, and consumer goods. This approach helps reduce overall risk because if one industry faces challenges, others may perform well. These companies leverage global resources, expertise, and markets to grow and remain resilient, often creating value by integrating different parts of their diverse operations worldwide.