Valley Organic Meats recently announced that it was selling off its pork division in order to realign itself more competitively in the marketing of its other products.Which of the following strategic maneuvers is illustrated in this scenario?
A) Diversification
B) An acquisition
C) A merger
D) Divestiture
E) Domain selection

Question

Quizplus · Accepted Answer

The strategic maneuver illustrated in this scenario is divestiture, which involves selling off a division or business unit in order to refocus on core products or services. In this case, Valley Organic Meats is getting rid of its pork division to become more competitive in marketing its other products. A diversification strategy involves entering new markets or creating new products, while an acquisition involves buying another company. A merger involves a combination of two companies, while domain selection involves choosing the scope of the company's operations.

Valley Organic Meats Recently Announced That It Was Selling Off