Retrenchment is associated with the ____.
A) the ability to cut the operating costs of a firm
B) the ability to develop a new knowledge base
C) the ability reverse the innovation lead of a competitor
D) the benchmarking of activities of competitors in the same industry
E) the benchmarking of activities of leaders in different processes

Question

Quizplus · Accepted Answer

Retrenchment involves reducing costs or spending in response to economic difficulty, making option A the correct choice.

Retrenchment Is Associated with the ____