When a Company Decides to Exit an Industry by Selling

question 20

Multiple Choice

When a company decides to exit an industry by selling its business assets to another company, it is said to be using which of the following strategies?

• A) Market penetration
• B) Divestment
• C) Niche
• D) Downsizing
• E) Outsourcing

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Definitions:

LGBT Client

A client who identifies as lesbian, gay, bisexual, transgender, or questioning, and may face unique social, emotional, and mental health challenges.

Degree of Outness

The extent to which an individual publicly acknowledges and shares their LGBTQ+ identity.

Coming Out Process

Describes the journey of self-discovery and disclosure by which individuals recognize and communicate their sexual orientation or gender identity.

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.