Complete Office Products recently announced that it was selling off its office furniture division in order to realign itself more competitively in the marketing of its other products, particularly those in its office supplies and technology divisions. 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

Divestiture involves selling off a part of the business in order to realign the company and focus on its core products or services. This is exactly what Complete Office Products is doing by selling off its office furniture division to focus more on office supplies and technology.

Complete Office Products Recently Announced That It Was Selling Off