When a company in a declining industry attempts to minimize the amount of assets that are employed to reduce the cost structure and remain profitable, it is pursuing a

The correct answer will be "Divestment strategy".

Explanation:

Liquidating in something like a declining state of just an economy as soon as humanly possible. Attempting to sell the corporation slightly earlier usually significantly increases the firm ’s financial performance, as consumers are still not sure what it is that the economy is expected though the, maybe every organization throughout the industrial sector starts marketing, buyers would have a bargaining benefits as well as expect to be paid very little significance.