Multiple Choice
One of the SBUs under the Retro Group of companies is not generating a satisfactory amount of business.Extensive analysis shows that the company is losing its market share because its competitors have more sustainable processes.Analysts also feel that the growth prospects in this industry are extremely limited.Which one of the following organizational strategies should the company adopt?
A) focus
B) stability
C) retrenchment
D) growth
E) divestiture
Correct Answer:
Verified
Correct Answer:
Verified
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