What business strategy best describes the following? 1.General Electric sold its NBC Universal division to Comcast for $6.5 billion. 10. Grocery-store chain SuperValu Inc. is closing underperforming stores and laying off employees. 11. General motors entered the entertainment business by producing the “Inside the Vault television series. 12. Ceasars Entertainment opens its first noncasino hotel in Asia. 13. AOL laid off 20 percent of its work force in mid 2011. 15. Dell Inc spends 1 billion to move away from its PC focus to providing cloud-computing services. 16. Siemens sold its osram lighting unit, which had generated $6.6 Billion in 2010.
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