_____________ Refers to the Process of Companies Divesting Themselves of Diversified

question 22

Multiple Choice

_____________ refers to the process of companies divesting themselves of diversified activities and downsizing in order to concentrate on fewer businesses.

• A) Industry positioning
• B) Competitive alignment
• C) Strategic decomposition
• D) Vertical integration
• E) Restructuring

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Definitions:

Binding

Describes an agreement, contract, or legal decision that is enforceable by law.

Enforceable Contract

An agreement between parties that is legally binding and may be upheld and compelled by law.

Mailbox Rule

A rule providing that an acceptance of an offer becomes effective on dispatch.

Air-conditioned Bus

A bus equipped with a system to cool and dehumidify the air, providing comfort to passengers.