Some of the diversification options from a corporate perspective include merger, acquisition, spinning off/selling a product line, licensing, joint venture or a new equity investment. Let us focus on the diversification options and discuss these options as it applies to your Glo-Bus company and discuss the paths that you would consider in the fifth year of business. Do not get involved in legal detail, but examine the options as it pertains to your company. Develop a recommendation for your company and comment on the strategy of your competitors.