Which of the following is NOT a retrenchment strategy?
A) Diversification
B) Liquidation
C) Restructuring
D) Divestiture

Question

Quizplus · Accepted Answer

Diversification is a growth strategy that involves expanding a company's products or services into new markets or industries. It is not a retrenchment strategy, which involves reducing or minimizing a company's operations to focus on core competencies or improve financial performance. Retrenchment strategies include liquidation (closing down the entire company), restructuring (reorganizing the company's structure or operations), and divestiture (selling off non-core business units or assets).

Which of the Following Is NOT a Retrenchment Strategy