Which strategy,if successful,is often followed by a growth strategy?

Name: Which strategy,if successful,is often followed by a growth strategy?
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

Retrenchment strategy, when successful, often precedes a growth strategy because it involves cutting costs, focusing on core competencies, and restructuring the organization to make it more efficient and competitive, thereby setting a solid foundation for future growth.

Which Strategy,if Successful,is Often Followed by a Growth Strategy