Significant cost reductions, layoffs of employees, closing of poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a _____ strategy.
A)portfolio
B)stability
C)firmlevel
D)retrenchment
E)growth

Question

Significant cost reductions, layoffs of employees, closing of poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a _____ strategy.
A)portfolio
B)stability
C)firm­level
D)​retrenchment
E)growth

Quizplus · Accepted Answer

The Answer of Significant cost reductions, layoffs of employees, closing of poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a _____ strategy.
A)portfolio
B)stability
C)firm­level
D)​retrenchment
E)growth

Significant Cost Reductions, Layoffs of Employees, Closing of Poorly Performing