Final answer:
Businesses make strategic decisions to adjust to market conditions, including whether to expand production, set prices, open or close facilities, hire or lay off workers, and introduce or discontinue products or departments.
Step-by-step explanation:
The question you've asked pertains to strategic decisions that businesses make in response to changing market conditions and internal goals. These decisions include whether to expand or reduce production, set the price they choose, open new factories or sales facilities or close them, hire workers or to lay them off, and start selling new products or stop selling existing ones. Companies must continually assess their product lines and decide if there are products or departments they should discontinue, or if there are gaps in the market they can fill by introducing new offerings. This process is crucial for staying competitive and profitable in a dynamic market environment.