Corporate restructuring strategies focus on broadening the scope of diversification to include a larger number of businesses and boosting the company's growth and profitability. entail reducing the scope of diversification to a smaller number of businesses. involve making major changes in a diversified company's business lineup, divesting some businesses and/or acquiring others, so as to put a whole new face on the company's business lineup. entail selling off profitable businesses to harvest the rewards. focus on initiatives expanding scope