When a university reduces its course offerings in a semester due to low student enrolment, it is pursuing a strategy of __________.
A) integration
B) retrenchment
C) diversification
D) stability
E) concentration

Question

Quizplus · Accepted Answer

Retrenchment is the strategy of reducing or eliminating business operations or product lines in order to cut costs and improve profitability. In this case, the university is reducing its course offerings due to low enrollment, indicating a cost-cutting measure, which aligns with the retrenchment strategy.

When a University Reduces Its Course Offerings in a Semester