Genysys, a Technology Services Provider, Has Been Experiencing Losses in Some

Multiple Choice

Genysys, a technology services provider, has been experiencing losses in some of its regional offices for the past few months. As a result, it closes some of its offices and downsizes its workforce. It also offers early retirement packages to its senior employees so that they may consider retiring earlier than they would have done otherwise. In the given scenario, Genysys is using a _____.

A) growth strategy
B) stability strategy
C) reduction strategy
D) diversification strategy