Which one of the following options is an example of a divestiture a strategy implemented by Taste Holdings?

A divestiture strategy involves selling off a business unit, asset, or division. It is typically implemented to streamline operations, focus on core competencies, or raise capital.

Let's analyze the options:

• a. In 2019, Taste Holdings, also restructured their operations to eliminate inefficiencies. Restructuring to eliminate inefficiencies is an operational improvement strategy, not a divestiture.
• b. Taste Holdings started the process to sell their food businesses. The passage mentions Taste Holdings owned food brands (The Fish & Chip Co, Maxi's, Domino's Pizza). Selling these businesses means divesting from the food sector, which aligns perfectly with the definition of a divestiture strategy.
• c. Growing the business and opening 12 Starbucks stores. This is a growth or expansion strategy, not a divestiture.
• d. They paused all roll out plans, to secure additional capital form investors. Pausing plans and securing capital are financial or operational decisions, not the selling of a business unit.

Based on the definition, selling off the food businesses is a clear example of a divestiture strategy.

The correct option is b).

• b. Taste Holdings started the process to sell their food businesses.