A large electronics chain has decided to close some of its stores across the country to focus more on online sales. Which type of grand strategy is the store using?

a. retrenchment
b. stability
c. combination
d. spinoff


a. retrenchment

Business

You might also like to view...

You can assess competitors' core strategies by studying their marketing communications

Indicate whether the statement is true or false

Business

The word preferred in the phrase preferred stock means that an owner of preferred stock has some advantages over a bondholder

Indicate whether the statement is true or false

Business

Most employers prefer defined contribution pension plans to defined benefit plans.

Answer the following statement true (T) or false (F)

Business

______ is a one-on-one intervention in which an individual works to improve a specific personal, interpersonal, or skills area, or to take actions to reach a desired future goal working with a facilitator on the process of personal change.

a. Mentoring b. Coaching c. Career planning and development d. 360-degre feedback

Business