Solved

What Does "Retrenchment" Mean in Terms of Business Strategy

Question 115

Short Answer

What does "retrenchment" mean in terms of business strategy?
A change in the mission for the organization
Ceasing to do business
Cutting back some operations
An increase in the market share for two or more products
Growth at a modest rate

Correct Answer:

verifed

Verified

Cutting ba...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents