The document outlines four main strategy options for a company that is already diversified: 1) Make new acquisitions or enter strategic partnerships to build positions in new related or unrelated industries; 2) Divest some existing businesses by selling poorly performing or noncore units to focus the company's scope; 3) Restructure the company's portfolio of businesses by eliminating weak-performing units; 4) Become a multinational, multi-industry enterprise to succeed against international competition and capture strategic fit benefits.

1. Strategy Options for a Company that is Already Diversified http://www.drawpack.com your visual business knowledge business diagrams, management models, business graphics, powerpoint templates, business slides, free downloads, business presentations, management glossary  To build positions in new related/ unrelated industries  To strengthen the position of business units in industries where the firm already has a stake Make New Acquisitions and/or Enter into Additional Strategic Partnerships  To narrow the company‘s business base and scope of operations  To eliminate weak-performing businesses from portfolio  To eliminate businesses that no longer fit Divest Some of the Company‘s Existing Business  By selling poorly performing or noncore business units  By using cash from divestitures plus unused debt capacity to make new acquisitions Restructuring the Company‘s Portfolio of Businesses  To succeed in globally competitive core businesses against international rivals  To capture strategic fit benefits and win a competitive advantage via multinational diversification Become a Multinational, Multi-Industry Enterprise Strategy Options for a Diversified Company

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