Selling or "spinning off" one or more of the firm's business units is called

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Divestment refers to selling or spinning off one or more of the firm's business units. Corporate restructuring refers to a broader set of actions that may include divestment as well as other changes to the organization's structure or operations. Turnaround refers to efforts to improve the performance of a struggling business, often through cost-cutting measures or changes in strategy. Retrenchment refers to a specific type of cost-cutting aimed at reducing the firm's size or scope of operations.

Selling or "Spinning Off" One or More of the Firm's