Much like an army under attack, firms using the _____ strategy hope to make just a small retreat rather than losing a battle for survival.
A) blue ocean
B) diversification
C) integration
D) retrenchment
E) disintermediation

Question

Quizplus · Accepted Answer

The retrenchment strategy involves reducing costs or scaling back operations to stabilize a company and improve its financial position, similar to a strategic retreat in a battle.

Much Like an Army Under Attack, Firms Using the _____