Giving up production of unprofitable products to achieve rationalization of the product range to avail the benefits
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Question:
Giving up production of unprofitable products to achieve rationalization of the product range to avail the benefits of standardization is called as ______________.
divestment.
cannibalization.
compromise.
standardizing strategy.
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
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