Corporate restructuring strategies focus on crafting initiatives to restore a diversified company's money-losing businesses to profitability. OO involve making radical changes in a diversified company's business lineup, divesting some businesses, and acquiring new ones so as to put a new face on the company's business lineup. entail selling off marginal businesses to free resources for redeployment to the remaining businesses. focus on broadening the scope of diversification to include a larger number of businesses and boost the company's growth and profitability. entail reducing the scope of diversification to a smaller number of businesses