please answer part 1 and part 2

A is a broad corporate-level strategic plan used to achieve strategic goals and guide the strategic alternatives that managers at individual businesses or subunits may use. O portfolio strategy growth strategy divesting strategy O grand strategy The main purpose of a retrenchment strategy is to: Increase revenues, market share, or the number of places in which a company operates continue doing what a company has been doing. Just doing it better, O minimize risk by diversitying investment among various business or product lines O turn around very poor company performance by shrinking the size or scope of the business