Multiple Choice
Revlon closing its manufacturing plant in France and laying off 5 percent of its workforce is an example of
A) divestiture.
B) backward integration.
C) liquidation.
D) retrenchment.
E) forward integration.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Which strategy is effective when new, but
Q6: Market development includes introducing present products into
Q11: All of the following are cooperative arrangements
Q13: When the PE firm Clayton, Dubilier &
Q15: Amazon installing "Amazon Lockers" in grocery, 7-Eleven,
Q19: Objectives provide direction and allow for organizational
Q45: Franchising is an effective means of implementing
Q56: A growing trend is for franchisers to
Q94: Which strategy should an organization use when
Q122: Joint ventures tend to fail when managers