Which are broad categories of action for crafting strategic moves to improve a diversified company's overall performance? $($Choose every correct answer.$)$

Multiple select question.

Sticking closely with the existing business lineup and pursuing opportunities that those businesses present

Building cash reserves and investing in short$-$term securities

Widening the company's business scope by making new acquisitions in new industries

Divesting certain businesses and retrenching to a narrower base of business operations