Moves to improve a diversified company's overall performance do not include
A)retrenching to a narrower base of business operations.
B)broadening the company's business scope by making new acquisitions in new industries.
C)restructuring the company's business lineup and putting a whole new face on the company's business makeup.
D)sticking closely to the existing business lineup and pursuing the growth opportunities presented by these businesses.
E)retaining weak-performing businesses in order to sustain a wide base of business operations.

Question

Quizplus · Accepted Answer

Retaining weak-performing businesses to sustain a wide base of operations typically does not improve a diversified company's overall performance. It can drain resources and focus away from more profitable areas.

Moves to Improve a Diversified Company's Overall Performance Do Not