In order to allow the company to focus on more lucrative products, Johnson & Johnson sold its Ortho Clinical Diagnostics Division. This is an example of a(n) _______.

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Pifor · Answer 1 · 2021-11-08T12:44:15+0000

Answer:

Divestiture

Step-by-step explanation:

Divestiture is a term often used in business operations that describes a situation whereby a firm sells part of its assets for the purpose of concentrating on other assets of the firm that are more profitable.

Hence, in this case, when Johnson & Johnson sold its Ortho Clinical Diagnostics Division in order to allow the company to focus on more lucrative products is an example of DIVESTITURE.

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In order to allow the company to focus on more lucrative products, Johnson & Johnson sold its Ortho Clinical Diagnostics Division. This is an example of a(n) _______.

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In order to allow the company to focus on more lucrative​ products, Johnson​ & Johnson sold its Ortho Clinical Diagnostics Division. This is an example of​ a(n) _______.

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In order to allow the company to focus on more lucrative products, Johnson & Johnson sold its Ortho Clinical Diagnostics Division. This is an example of a(n) _______.