A ___ is used where changes in the scale and/or mix of operations are implemented in order to gain both short-term efficiencies and time to prepare new strategies for improving future performance.

A) renewal strategy
B) related diversification strategy
C) unrelated diversification strategy
D) backward integration strategy
E) forward integration strategy

Renewal Strategy

A plan aimed at reviving a company or brand to stimulate growth, often through innovation, rebranding, or restructuring efforts.

Scale

A system or series of marks used for measuring or quantifying objects, space, or the degree of something, often used in various contexts from business to scientific research.

Mix Of Operations

The combination of different processes, activities, and tasks used by an organization to produce goods or provide services.