Corporations reduce the scope of their activities by selling unprofitable business units or those no longer directly related to their overall aims.

Name: Corporations reduce the scope of their activities by selling unprofitable business units or those no longer directly related to their overall aims.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Corporations often engage in divestitures to reduce their operations and focus on core business areas that are more profitable and in line with their strategic goals.

Corporations Reduce the Scope of Their Activities by Selling Unprofitable