_________ refers to a divestiture, spin-off, or some other means of eliminating businesses that are unrelated to a firm's core business.
A) Downsizing
B) Hostile takeovers
C) Shakeouts
D) Downscoping

Question

Quizplus · Accepted Answer

Downscoping refers to the process of divesting, spinning off, or eliminating businesses that are unrelated to a firm's core business. This is a strategic move taken by companies to increase their focus on their core business and boost their competitiveness in their core markets. Downsizing refers to reducing the size of the workforce, whereas shakeouts refer to a period of intense competition and consolidation in an industry. Hostile takeovers refer to the acquisition of a target company that is against the wishes of the target company's management.

_________ Refers to a Divestiture, Spin-Off, or Some Other Means