Which of the Following Companies Is Using a Divesting Strategy

question 65

Multiple Choice

Which of the following companies is using a divesting strategy?

• A) Juggernaut Bikes acquires new businesses in order to increase its market share.
• B) To achieve a higher market share, LBD Inc. increases investments in advertising and promotion.
• C) When sales of its clothing division decline, Blackstone sells the division to a competitor.
• D) Getix Computers increases the price of its products in order to maximize short-term profits.
• E) Harlow's market share remains steady over two years, and the firm decides to maintain its share at the current level.

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Definitions:

Electronic Banking

The conduct of banking transactions through electronic means, such as online banking, mobile apps, and ATMs, rather than traditional in-person methods.

Transaction Occurred

An event indicating the completion or execution of an agreement between parties involving the exchange of goods, services, or financial assets.

Drawee

The party, usually a bank, required to pay the specified amount on a draft or check.

Drawer

The person or entity that writes and signs a check or draft, instructing the drawee (usually a bank) to pay the specified sum to the payee.