The purpose of a __________ strategy is to reverse negative sales and profitability trends.
A) growth
B) stability
C) reserve
D) frugality
E) retrenchment

Name: The purpose of a __________ strategy is to reverse negative sales and profitability trends. A) growth B) stability C) reserve D) frugality E) retrenchment
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Question

Quizplus · Accepted Answer

A retrenchment strategy is designed to reverse negative sales and profitability trends by cutting costs, focusing on core activities, and restructuring business operations.

The Purpose of a __________ Strategy Is to Reverse Negative