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Transforming the Corporation into a Leaner,more Effective Firm,and Includes Such

Question 39

Multiple Choice

Transforming the corporation into a leaner,more effective firm,and includes such actions as eliminating unprofitable outputs,pruning assets,reducing the size of the work force,cutting costs of distribution,and reassessing the firm's product lines and customer groups is known as


A) corporate restructuring.
B) turnaround.
C) divestment.
D) retrenchment.

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