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

Question 10

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) retrenchment
C) stability
D) firm-level
E) rehabilitation

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