Initiating actions to boost the combined performance of the corporation's collection of businesses includes all of the following strategic options, except
A. broadening the scope of diversification by entering additional industries.
B. sticking closely with the existing business lineup and pursuing available opportunities.
C. refocusing the existing businesses on new substitute product-line opportunities outside the existing industry framework.
D. restructuring the entire company by adding and removing businesses to improve overall performance.
E. divesting some businesses and retrenching to a narrower collection of businesses.
Answer: C
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