Which strategy is an attempt to artificially support profits when a company's sales are declining by reducing investment and short-term discretionary expenditures?
A) profit strategy
B) no-change strategy
C) turnaround strategy
D) concentration strategy
E) captive company strategy

Question

Quizplus · Accepted Answer

A profit strategy focuses on maintaining profitability by cutting costs, including reducing investments and discretionary spending, especially when sales are declining.

Which Strategy Is an Attempt to Artificially Support Profits When