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  3. Study Set
    Management Study Set 6
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    Exam 8: Strategy Formulation and Implementation
  5. Question
    When the Organization Goes Through a Period of Forced Decline
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When the Organization Goes Through a Period of Forced Decline

Question 147

Question 147

Multiple Choice

When the organization goes through a period of forced decline by either shrinking current business units or selling off or liquidating entire businesses, it is called


A) retrenchment.
B) growth.
C) cash cow.
D) multidomestic.
E) stability.

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