Retrenching to a Narrower Diversification Base

question 8

Multiple Choice

Retrenching to a narrower diversification base

• A)is usually the most attractive long-run strategy for a broadly diversified company confronted with recession,high interest rates,mounting competitive pressures in several of its businesses,and sluggish growth.
• B)is directed at improving long-term performance by building stronger positions in a smaller number of core businesses.
• C)is an attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit.
• D)is sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation.
• E)is a strategy best reserved for companies in poor financial shape.

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Definitions:

Virtual Teams

Teams that work together remotely, using digital communication tools to collaborate on projects across different locations.

Computer Mediation

The use of computer systems and software to facilitate or manage interactions and communications between individuals or groups.

Emotional Considerations

The attention given to the emotional aspects and impacts of decisions, actions, or policies, acknowledging their effect on individuals' wellbeing and performance.

Temporary Work Groups

Teams formed for a specific project or for a limited period and disbanded after the task is completed.