_____ consists of the strategic actions that a company takes after retrenchment to return to a growth strategy.
A) Downsizing
B) Competitive inertia
C) Recovery
D) Strategic dissonance

Question

Quizplus · Accepted Answer

Recovery refers to the strategic actions a company takes after experiencing a period of retrenchment to return to a growth strategy. This may involve restructuring the organization or focusing on new markets and products to regain lost market share and profitability. Downsizing refers to reducing the size of an organization, while competitive inertia refers to a company's tendency to maintain its current strategy even in the face of changing market conditions. Strategic dissonance refers to a situation where a company's strategy is out of alignment with its goals or capabilities.

_____ Consists of the Strategic Actions That a Company Takes