Refers to Reducing the Business Portfolio by Abandoning Products That

question 66

Multiple Choice

refers to reducing the business portfolio by abandoning products that no longer fit the company's overall strategy.

• A) Downsizing
• B) Product line extension
• C) Vertical integration
• D) Market segmentation
• E) Diversification

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Definitions:

Slope

A measure of the steepness, incline, or grade of a line, representing the rate of change between variables on a graph.

Cholera Epidemic

An outbreak of the bacterial disease cholera, characterized by severe diarrhea and dehydration, often spreading in areas with inadequate access to clean water and sanitation.

Omitted Variables

Variables that are relevant for a regression analysis but are not included by the model, potentially leading to biased results.

Reverse Causality

A situation where a supposed cause is actually the effect and vice versa.