Final answer:
A 'going out of business' sign suggests a divestiture grand strategy, where a company sells off parts or shuts down operations to cut losses or focus on profitable areas, often due to financial setbacks like the 2008-2009 recession.
Step-by-step explanation:
A sign in a store window that reads, "going out of business—everything must go" is indicative of a company that is implementing a divestiture strategy.
This type of grand strategy involves selling off portions of the company or terminating operations completely to focus resources on more profitable areas or to mitigate losses. Divestiture is typically considered when a firm is unable to recover from financial setbacks, such as the 2008-2009 economic recession that led to the closure of companies like Borders.
A 'going out of business' sign suggests a divestiture grand strategy, where a company sells off parts or shuts down operations to cut losses or focus on profitable areas, often due to financial setbacks like the 2008-2009 recession.