In Which of the Following Instances Is Retrenching to a Narrower

Multiple Choice

In which of the following instances is retrenching to a narrower diversification base not likely to be an attractive or advisable strategy for a diversified company?

A) When a diversified company has struggled to make certain businesses attractively profitable
B) When a diversified company has too many cash cows
C) When one or more businesses are cash hogs with questionable long-term potential
D) When businesses in once-attractive industries have badly deteriorated
E) When a diversified company has businesses that have little or no strategic or resource fits with the "core" businesses that management wishes to concentrate on