Essay
A large U.S. company operated in several businesses, including computers, disk drives, financial services, and defense satellites. Each division was self-contained. However, due to an economic downturn and changing market conditions, the company sold its noncore businesses of financial services and defense satellites in order to focus only on computer-related products. However, after making these sales, its costs were still high. What was the problem and how can it be resolved?
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The company failed to reevaluate its str...View Answer
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Correct Answer:
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