Diversification, Divestiture, Division, Dock

Diversification, Divestiture, Division, Dock :

Diversification : A company’s venture to provide a new product or range of products or services that may or may not be related to the previous products : A company undertakes diversification to protect or increase its share in the market by launching related products that are carried by competitors or to offset the effect of seasonal fluctuations and make good use of excess cash, etc.

Divestiture : To get rid of something, usually, judicial process or legality to prevent a conflict of interest.

Division : A separation of a part of a company and transforming it into an independent unit that usually operators with great autonomy, almost as a separate company : the unit so formed

Dock : to deduct a part from the salary etc, for a particular reason, to cut a certain, amount from the salary for being on leave for some days


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