Which of the Following Companies Is Using a Divesting Strategy

question 43

Multiple Choice

Which of the following companies is using a divesting strategy?

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

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Definitions:

Primary Research

The process of gathering new and original data directly from sources or experiments, as opposed to analyzing existing data.

Networking

Engaging in communication with people to swap information and form connections in a professional or social context.

Surveys

A method of gathering information by asking questions to a group of people to collect data on opinions, behaviors, or experiences.

Statistical Analysis

The process of examining data sets to draw conclusions about the information they contain, using statistical methods.