When a university cuts back on the number of courses they offer students, what type of renewal strategy is it employing?
A)retrenchment
B)acquisition
C)turnaround
D)stability
E)either A or C

Question

Quizplus · Accepted Answer

Retrenchment and turnaround strategies both involve making significant changes to a business (or in this case, a university) to improve its performance or efficiency. Retrenchment often includes cutting back on resources, such as reducing the number of courses offered, to focus on core areas and stabilize the institution. A turnaround strategy might also involve similar cutbacks as part of broader efforts to reverse a decline. Therefore, both A (retrenchment) and C (turnaround) could be correct depending on the broader context of the university's strategy.

When a University Cuts Back on the Number of Courses