__________ Involves Selling Off Parts of the Organization to Refocus

question 14

Short Answer

__________ involves selling off parts of the organization to refocus attention on core business areas.

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Definitions:

Income Statement

A financial statement that shows profits or losses at one point in time.

Profitability

The ability of a business to earn a profit, calculated as the difference between its revenue and expenses.

Finance Manager

A professional responsible for managing an organization's financial health by planning, directing, and coordinating investments.

Balanced Scorecard

A planning and management framework that ensures business operations are in line with the organization's vision and strategy, enhances communication internally and externally, and tracks the organization's progress towards strategic objectives.