___ Involves Selling Off Parts of an Organization to Refocus

question 125

Multiple Choice

___ involves selling off parts of an organization to refocus on core competencies, cut costs, and improve operating efficiencies.

• A) Diversification
• B) Concentration
• C) Divestiture
• D) Turnaround
• E) Liquidation

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Definitions:

Network-designed Organizations

Organizations structured around flexible, adaptive networks rather than traditional hierarchical models to promote efficiency and innovation.

Production Process

The production process involves the methods and procedures used to transform raw materials into finished goods or services.

Vertical Parts

Components or sections of an organization that are arranged in a hierarchy or rank, often signifying different levels of authority or responsibility.

Organization

A structured group of people with a specific purpose, such as a business, government agency, or charity.