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You Have Just Obtained for Your Company a Large Contract

question 96

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You have just obtained for your company a large contract.As you enter a business meeting, the CEO of the company comes over to you and compliments you on your work.You attribute this compliment to


Definitions:

Restructuring

The process of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable or better organized for its present needs.

Divestiture

The action of a company selling or disposing of an asset or subsidiary as a strategic business decision.

Unrelated Diversification

A business strategy whereby a company expands into industries that are not related to its current line of business.

Acquiring New Businesses

The process of a company purchasing or merging with other companies to expand its operations, enter new markets, or gain competitive advantages.

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