Company A sold its pet food division to Ralston-Purina so that it could focus on its core businesses.This is an example of a ________.

Question

Quizplus · Accepted Answer

The sale of the pet food division to Ralston-Purina indicates that Company A is divesting or selling a non-core business unit. A spin-off would involve forming a new separate company out of a division or subsidiary, and a strategic alliance would involve a partnership between two companies for a specific purpose. A merger would involve two companies combining to form a new entity.

Company a Sold Its Pet Food Division to Ralston-Purina So