________ entails reducing the business portfolio by eliminating products that no longer fit the company's overall strategy.
A)Market segmentation
B)BCG
C)Product line extension
D)Downsizing
E)Market redesign

Question

Quizplus · Accepted Answer

Downsizing is the process of reducing the size or scope of a business, which may include eliminating products that are no longer profitable or do not fit the company's overall strategy. It can involve reducing the number of employees, closing unprofitable locations, or selling off business units that are not performing well.

________ Entails Reducing the Business Portfolio by Eliminating Products That