Once a Company Has Diversified into a Collection of Related

question 94

Multiple Choice

Once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments are needed,which one of the following is not one of the main strategy options that a company can pursue?

• A) Stick closely with the existing business lineup
• B) Restructure the company's business lineup
• C) Craft new initiatives to build/enhance the company's reputation
• D) Divest some businesses and retrench to a narrower diversification base
• E) Broaden the diversification base

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Definitions:

Self-managers

Individuals who effectively regulate their own behavior and decisions towards achieving personal and professional goals.

Product Manufacturers

Companies engaged in the production of goods for consumers by using various raw materials and components.

Operations Management

The administration of business practices aimed at ensuring maximum efficiency within a company, focusing on managing processes, materials, and resources.

Top Executives

Senior-level managers who are responsible for directing the operations and formulating policies of an organization.