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Business, 30.03.2020 19:26 nook4boo

Limeria Inc, an industrial paint manufacturing company, has been incurring losses. In an attempt to stop this, it removed synthetic distempers from its product list and concentrated on enamel paints, a less capital-intensive business. Which of the following grand strategies was used by Limeria in this scenario?
A) The stability strategy
B) The growth strategy
C) The retrenchment strategy
D) The acquisition strategy

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Answers: 2

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Limeria Inc, an industrial paint manufacturing company, has been incurring losses. In an attempt to...

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