Divestment Differs from Retrenchment in That Divestment Involves

question 82

Multiple Choice

Divestment differs from retrenchment in that divestment involves:

• A) reducing the size of part of a firm's operations though laying off employees.
• B) selling off part of a firm's operations.
• C) creating a new company whose stock is owned by investors out of a piece of a bigger company.
• D) shutting down portions of a firm's operations, often at a tremendous financial loss.
• E) the joining of two similarly sized companies into one.

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Definitions:

Political Party

An organized group of people with at least roughly similar political aims and opinions, that seeks to influence public policy by getting its candidates elected.

Salvation Army

A charitable organization that provides social services, including disaster relief, rehabilitation centers, and thrift stores, to those in need across the globe.

Medical Expenses

Costs incurred for the diagnosis, cure, treatment, or prevention of disease, which may be deductible under certain conditions.

Maternity Clothes

Specialized apparel designed to accommodate a woman's body during pregnancy for comfort and style.