Which grand strategy typically requires the elimination of one or more business units either through divestment or through liquidation?
A) reserve
B) growth
C) retrenchment
D) frugality
E) stability

Question

Quizplus · Accepted Answer

Retrenchment strategy often involves shrinking the company's scope by eliminating or divesting business units that are not performing well or do not align with the company's core competencies, in order to focus on strengthening the remaining units.

Which Grand Strategy Typically Requires the Elimination of One or More