The strategy adopted by a firm that ceases to operate at one or more locations because of inactivity is
-
consolidation
- rejuvenation
- diversification
- focus
The correct answer is: A
Explanation
When a firm with different branches spread across various locations folds up due to slow-paced business activities, the firm combines these business units to form one strong business empire.
In business, consolidation refers to the combination of different business units or companies into a single, larger organization.