According to the textbook,which company did NOT modify its strategy when external environment conditions changed and subsequently went bankrupt?
A) Marks & Spencer
B) Consumers Distributing
C) Eaton's
D) Woolco

Question

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According to the textbook, Marks & Spencer modified its strategy to address the changing external environment by expanding abroad, Eaton's experimented with new store formats, and Woolco attempted to cut costs and reduce prices to compete with discount retailers. However, Consumers Distributing did not change its strategy and subsequently went bankrupt.

According to the Textbook,which Company Did NOT Modify Its Strategy