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Which of the following divesting decision is due to corrective strategic reasons? " style="display: block; overflow-wrap: break-word; overflow: auto hidden;">Which of the322mned following divesting...

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Which of the following divesting decision is due to corrective strategic reasons? 



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Which of the322mned following divesting decision is due to corrective strategic reasons?

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HP has a venture capital unit to invest in emerging technologystartups

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Siemens tasks its technology-to-business center to seek disruptive or radicalinnovationsfromuniversity22

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Answered 4 days After Nov 01, 2022

Solution

Rochak answered on Nov 06 2022
56 Votes
Co
ective Strategic reasons are the reasons the company has to take to ensure that the decisions the company has taken have gone wrong can be co
ected (Bagwell and Robert 1994). For example, in this case, Philips was making television but this decision was fine in the starting but it went downhill when other competitors entered the market and gave tough competition to Philips, and therefore as part of the co
ective strategic reasons the company had to either sell the business or close it down, and the firm chooses the former which is the firm sold the loss-making television business to TPV, which is a big manufacturer of the television.
The divesting decision which is due to the co
ective strategic reasons is “Philips transfe
ed its loss-making television business to TPV”.
This divesting decision is due to the co
ective strategic reasons because the company was incu
ing losses in its...
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