What term refers to selling a division of an organization.
A) Joint venture
B) Divestiture
C) Concentric diversification
D) Liquidation
E) Horizontal integration

Question

Quizplus · Accepted Answer

Divestiture refers to the sale of a division or subsidiary of an organization. A joint venture is a business partnership between two or more companies, concentric diversification refers to expanding into a related industry, liquidation is the process of selling off all assets to pay off debts, and horizontal integration refers to merging with or acquiring companies in the same industry.

What Term Refers to Selling a Division of an Organization