The effectiveness of diversification of construction enterprise activities

Abstract

The dynamic transformation of the environment, as well as growing competition make enterprises search for various meth-ods and ways of adapting themselves to the complicated and changing operating conditions. One of these methods is the expansion of the scope of enterprise activities or diversification. Investigations focusing on the problem of construction enterprise activities’ diversification are scarce. The analysis of correlation between diversification level of construction enterprises and their financial activities’ efficiency shows that the existing correlation is strong.