A(n)________ strategy is a short-run corporate-level strategy designed to address minor performance problems.
A)retrenchment
B)acquisition
C)growth
D)stability
E)expansion

Question

Quizplus · Accepted Answer

Retrenchment is a short-run corporate-level strategy that is designed to address minor performance problems. This can involve reducing expenses, selling off non-core assets, and even laying off employees to improve financial performance. In contrast, acquisition, growth, stability, and expansion strategies are typically designed for longer-term goals and do not specifically address minor performance problems.

A(n)________ Strategy Is a Short-Run Corporate-Level Strategy Designed to Address