__________ is a process of making an effort to reduce the outflow of cash while increasing the inflow of cash.

Question

Quizplus · Accepted Answer

Retrenchment involves making efforts to reduce outflow of cash and increase inflow of cash, by cutting costs, downsizing, and restructuring the organization. Divestment and liquidation involve selling off assets and winding up operations respectively, while turnaround involves reversing the downward trend of a company's financial performance.

__________ Is a Process of Making an Effort to Reduce