Firms That Seek to Scale Down Their Operations Are Following

question 48

Multiple Choice

Firms that seek to scale down their operations are following a(n) :

• A)concentration strategy.
• B)internal growth strategy.
• C)external growth strategy.
• D)divestment strategy.
• E)diversification strategy.

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Definitions:

General Fund

A primary accounting fund used by a government to record its general operating revenues and expenses.

Fund Balance

The net assets of a governmental fund calculated as the difference between fund assets and liabilities, reflecting the financial position of the fund.