________ should be sold off or liquidated as they have low market share and low

Question

________ should be sold off or liquidated as they have low market share and low growth potential.

Question 43 options:

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Question 44 (2 points)

How can an organization develop strategic flexibility?

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Question 45 (2 points)

An organization that grows using ________ focuses on its primary line of business and increases the number of products offered or markets served in this primary business.

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Question 46 (2 points)

A ________ strategy is used to deal with minor performance problems. It helps an organization stabilize operations, revitalize organizational resources and capabilities, and prepare to compete once again.

Question 46 options:

A) Cash cows B) Stars C) Question marks D) Dogs

Explanation / Answer

43. Dog

Dogs (low growth, low market share) should be sold off or liquidated as they have low market share in the markets with low growth potentials.

44. It should have multiple alternatives when making strategic decisions.

The strategic flexibility of a firm refers to its ability to adapt to changes in the external environment. Therefore firm should have multiple alternatives or range of options.

45. Concentration

Concentration growth is when an organization focuses on its primary line of business and increases the number of products offered or markets served in this primary business.

46. Retrenchment

A retrenchment strategy refers to a short-run regeneration strategy that helps an organization stabilize operations, revitalize organizational resources and capabilities, and prepare to compete once again.

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