Which of the following companies is using a divesting strategy?
A) Juggernaut Bikes aims to maintain its market share, but does not have the resources to increase its share.
B) Noting the potential for growing its market share, LBD Inc. steps up investments in advertising and promotion.
C) When sales of its clothing division decline, Blackstone's sells off the division to a competitor.
D) Getix Computers is increasing the price of its products in order to maximize its short-term profits.
E) Harlow's market share remains steady over two years even though the company does not increase investment in the product in that time.
Correct Answer:
Verified
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