Diversification Is an Example of a Corporate Retrenchment Strategy

question 39

True/False

Diversification is an example of a corporate retrenchment strategy.

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Definitions:

Evolutionary Account

An explanation or theory that accounts for the development and diversification of living organisms through natural selection over time.

Cultural Account

A cultural account refers to an explanation or interpretation of an event, phenomenon, or behavior from the perspective of cultural influences and contexts.

Proximal

Situated nearer to the center of the body or the point of attachment.

Remote

Describes something situated far from the main centers of population, or a device that controls an apparatus from a distance, usually wirelessly.