A firm plans to use a defensive core strategy of optimize position,with the strategic objective of maximizing profits.Which of the following strategies is the firm most likely to implement as a part of its core strategy?
A) enter new related markets
B) reduce market focus
C) develop new markets
D) divest for cash flow
E) harvest for cash flow
Correct Answer:
Verified
Q9: The primary goal of a defensive strategy
Q10: In general,businesses in high-share positions in growing
Q11: Followers with above-average profits tend to invest
Q12: A divestment strategy,while unattractive,is always feasible.
Q13: Share leaders,followers,and niche businesses can all pursue
Q15: The fundamental objective of all share leaders
Q16: Maintaining a high-share position in an attractive,growing
Q17: The strategic objective in the protect position
Q18: A firm plans to use a defensive
Q19: A business that is able to build
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