Retrenching to a Narrower Diversification Base Is

Multiple Choice

Retrenching to a narrower diversification base is

A) usually the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth.
B) a strategy that allows a diversified firm's energies to be concentrated on building strong positions in a smaller number of businesses rather the stretching its resources and managerial attention too thinly across many businesses.
C) an attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit.
D) sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation.
E) a strategy best reserved for companies in poor financial shape.