Solved

Significant Cost Reductions, Layoffs of Employees, Closing of Poorly Performing

Question 117

Multiple Choice

Significant cost reductions, layoffs of employees, closing of poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a _____ strategy.


A) portfolio
B) stability
C) firm­level
D) ​retrenchment
E) growth

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q107: The two factors that determine the extent

Q108: The purpose of a _ strategy is

Q109: An analysis of an organization's external environment

Q110: _ is the measure of the intensity

Q111: Differentiation is the positioning strategy of producing

Q112: The research on diversification in portfolio management

Q113: Among companies who use the adaptive strategies,

Q114: From a competitive standpoint, _ means that

Q115: ​_ is the degree to which two

Q116: Companies use their resources to improve organizational