Differentiate among the following four strategic maneuvers: domain selection, diversification, merger and acquisition, and divestiture.
What will be an ideal response?
Domain selection is the entrance by a company into another suitable market or industry.Diversification occurs when a firm invests in different types of businesses or products or when it expands geographically to reduce its dependence on a single market or technology.A merger or acquisition takes place when two or more firms combine, or one firm buys another, to form a single company.Divestiture occurs when a company sells one or more businesses.
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