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11.In the absence of an effective governance structure, it is easier for operators to diversify for self-interest.

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10.With the development of enterprise diversification, changes and innovations have also occurred in the management model that adapts to it. Professor Alfred Chandler conducted the earliest research on these changes. His research shows that if the functional structure is still adopted by the diversified enterprise, it will increase the burden and mistakes of enterprise managers.

9.Diversified development is an inevitable stage in the growth process of an enterprise and one of the signs of its success.

8.A series of decisions and actions taken by the headquarters of a diversified enterprise to establish and leverage the advantages of a multi-industry combination. The main purpose of these decisions and actions is to maximize the benefits of the industry portfolio.

7.When an enterprise enters multiple industries from focusing on one industry, its strategy expands from a function-level strategy to a business-level strategy.