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Corporate Development
The process of shaping the corporate portfolio through acquisitions, divestitures, and other strategic moves.
Implications
The activities and strategies focused on growing and enhancing a company�s business, including mergers and acquisitions, partnerships, and internal growth initiatives, critical for expansion and diversification.
Example
Example: A tech company�s corporate development team identifies potential acquisition targets to expand into new markets and enhance its product portfolio.
Related Terms
Different from corporate strategy, which sets the overall direction, corporate development is about the specific actions taken to grow and evolve the business.
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