Restructuring to focus on less diversified mix of business

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Reference no: EM132224795

Many firms that have at one time pursued unrelated diversification strategies are restructuring to focus on a less diversified mix of businesses, a move that may reflect an inability to manage high levels of diversification; and a recognition that a lower level of diversification would improve the match between a firm’s core competencies and environmental opportunities and threats. Give an example of a firm to illustrate this point.

Reference no: EM132224795

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