Concept information
Preferred term
divestiture
Definition
- Includes divesting extraneous businesses because resources are being stretched too thin. Focusing corporate resources on a few core businesses is usually a superior strategy to diversifying too broadly and potentially stretching resources and management too thin. [Source: Dictionary of Strategy: Strategic Management A-Z; Divestiture]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/divestiture
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