Writing a paper on St. Vincent Hospital in Birmingham, Alabama. Currently stuck on the four exit strategies : fast, slow, partial, and complete. I have to explain how they have been used within the hospital. Aiming for half of a page minimum but anything will help! Just trying to get a better understanding!

There are four types of exit strategies. These are Fast, Slow, Partial, and Complete. Fast-Organizations can move on to more viable markets/products. Increase of cash. - Disadvantages: buyers may be difficult to identify and may have to sell at a discount. Slow- The organization reaps any remaining profitability from the product category. - Disadvantages: Some resources are diverted to declining products/markets. Deterioration of customer service hastened the exit. Partial-reduce costs while remaining in the product/service category accruing profit. Allow for market development in more attractive segments or products. - Disadvantages: Reduces market prestige; may be a problem if retrenching. Complete - allows management to refocus. Resources may be used more effectively for more profitable products/services. - Disadvantages: No longer a player in a viable market. Some disappointed loyal customers