Many North American firms have backed away from conglomerate diversification by selling off __________.

Question

Quizplus · Accepted Answer

Many North American firms have moved away from conglomerate diversification, which involves owning a variety of businesses that don't necessarily relate to one another, by selling off their unrelated businesses. This strategy aims to focus more on their core operations or related sectors where they have more expertise and potentially better synergies.

Many North American Firms Have Backed Away from Conglomerate Diversification