A ___ is used where changes in the scale and/or mix of operations are implemented in order to gain both short-term efficiencies and time to prepare new strategies for improving future performance.

Question

Quizplus · Accepted Answer

A renewal strategy is used to make short-term changes to gain efficiency and time to prepare for future improvements. The other strategies listed - related and unrelated diversification, backward and forward integration - are focused on expanding a business into new areas or integrating it with other businesses in the supply chain.

A ___ Is Used Where Changes in the Scale And/or