A divestment strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.

Question

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A divestment strategy involves selling off non-core or underperforming business units or assets, and reinvesting the proceeds into higher-growth areas. This can sometimes include acquiring the market share of companies that are leaving a declining industry, allowing the company to continue growing despite the industry's overall decline.

A Divestment Strategy Aims at Growing in a Declining Industry