Empirical studies show that the desire by parent firms to increase strategic focus is an important motive for exiting businesses.

Name: Empirical studies show that the desire by parent firms to increase strategic focus is an important motive for exiting businesses.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Empirical studies have shown that the desire to increase strategic focus is indeed a significant motive for parent firms to exit businesses. Other motives include financial performance, industry factors, and divesting non-core assets.

Empirical Studies Show That the Desire by Parent Firms to Increase