Asked by
Cassia Napoleão
on Dec 08, 2024
Verified
Which of the following strategies is frequently used by organizations after a period of retrenchment?
A) Related diversification
B) Unrelated diversification
C) A stability strategy
D) A turnaround strategy
Turnaround Strategy
Strategies implemented by a firm in distress to recover from financial instability, involving restructuring operations to regain profitability.
Retrenchment
A strategic reduction of business activities or workforce by a company to cut expenses and stabilize financially.
- Grasp the part of Human Resources in assisting with multiple strategies within an organization.
- Comprehend the techniques corporations adopt to navigate distinct market conditions and competitive challenges.
Verified Answer
RM
Learning Objectives
- Grasp the part of Human Resources in assisting with multiple strategies within an organization.
- Comprehend the techniques corporations adopt to navigate distinct market conditions and competitive challenges.
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