involves radically altering the business lineup by divesting businesses that lack strategic fit or are poor performers and acquiring new businesses that offer better potential for shareholder value. multiple choice question. divestiture through initial public offering corporate restructuring corporate de-layering outsourcing

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The statement above is the explanation about Corporate Restructuring. It is because the statement above mentioned divesting businesses that lack strategic to improve the business.

Corporate restructuring generally can be defined as the process of reorganizing a company's finances,  management, and operations. Corporate restructuring is needed to improve the effectiveness and also efficiency of the company. improve the quality of products and services, increase productivity, and reduce costs can be reached using Corporate restructuring.

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