In order to achieve its goal of being market leader in the fields in which it competes, General Electric used a _____ strategy to rid itself of over 200 product lines in which it was not the leading company.

Question

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General Electric used a divest strategy to sell off or get rid of business units or product lines that were not leading in their markets, allowing the company to focus on areas where it could be the market leader.

In Order to Achieve Its Goal of Being Market Leader