What kind of strategy is retrenchment?
A) A turnaround strategy
B) An expansion strategy
C) A diagonal strategy
D) An intensive strategy
E) An offensive strategy

Name: What kind of strategy is retrenchment? A) A turnaround strategy B) An expansion strategy C) A diagonal strategy D) An intensive strategy E) An offensive strategy
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Question

Quizplus · Accepted Answer

Retrenchment is a turnaround strategy aimed at reducing the scale or scope of a corporation's operations to improve financial stability and efficiency.

What Kind of Strategy Is Retrenchment