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A divestment strategy is appropriate when which of the following conditions are met? a . The competition in the declining industry is likely to be

A divestment strategy is appropriate when which of the following conditions are met?
a. The competition in the declining industry is likely to be intense the company wishes to exit a declining industry and optimize cash flow in b.
The company has few strengths relative to whatever pockets of demand are likely to remain in the industry and competition in the declining indu likely to be intense.
c. The company has few strengths relative to whatever pockets of demand are likely to remain in the industry.
d. The company wishes to exit a declining industry and optimize cash flow in the process.
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