Question: Retrenching to a narrower diversification base Question 2 8 Answer a . is an attractive strategy option for revamping a diverse business lineup that lacks

Retrenching to a narrower diversification base
Question 28Answer
a.
is an attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit.
b.
is directed at improving long-term performance by building stronger positions in a smaller number of core businesses.
c.
is a strategy best reserved for companies in poor financial shape.
d.
is sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation.
e.
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.

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