A Firm Plans to Use a Defensive Core Strategy of Monetize,harvest,and

question 25

Multiple Choice

A firm plans to use a defensive core strategy of monetize,harvest,and divest,with the strategic objective of maximizing cash flow.Which of the following strategies is the firm most likely to implement as a part of its core strategy?

• A)build customer retention
• B)enter new related markets
• C)develop new markets
• D)manage for cash flow
• E)improve customer loyalty

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Definitions:

Groupthink

Groupthink is a psychological phenomenon where the desire for harmony or conformity within a group results in an irrational or dysfunctional decision-making outcome.

Bay of Pigs

The site of a failed invasion of Cuba by Cuban exiles supported by the U.S. in 1961, aiming to overthrow Fidel Castro's government.

Reciprocity Theory

An exchange theory that focuses on conflict, risk, and the expressive value of exchange.

Reciprocal

A mutual exchange whereby both parties involved provide or receive something of similar value.