Strategies to Restructure a Diversified Company's Business Lineup Involve

question 16

Multiple Choice

Strategies to restructure a diversified company's business lineup involve

• A)revamping the value chains of each of a diversified company's businesses.
• B)focusing on restoring the profitability of its money-losing businesses and thereby improving the company's overall profitability.
• C)revamping the strategies of its different businesses, especially those that are performing poorly.
• D)divesting low-performing businesses that do not fit and acquiring new ones where opportunities are more promising to put a new face on the company's business makeup.
• E)broadening the scope of diversification to include a larger number of smaller and more diverse businesses.

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Definitions:

Chamber of Commerce

A local or national organization of business owners and professionals aiming to promote and protect the interests of its members.

Census Data

Demographic information collected by a government systematically enumerating its population at a specific point in time, often used for research, planning, and policy making.

Trade Shows

Major events attended by buyers who choose to be exposed to products and services offered by potential suppliers in an industry.

Selling Process

A series of steps that a salesperson follows to sell a product or service, from initial contact to closing the sale.