School Works, a large publisher of educational resources, decides to sell its high school division because it isn't as profitable as the elementary school division. This will allow the company to focus its efforts and funds on becoming the leading elementary school publisher. What type of plan is this?

Question

Quizplus · Accepted Answer

This is a strategic plan. Strategic plans include adding products, purchasing companies, selling unprofitable segments of the business, issuing stock, and moving into international markets.

School Works, a Large Publisher of Educational Resources, Decides to Sell