Retrenchment would be an effective strategy when an organization
A) has shrunk so quickly that major internal reorganization is needed.
B) is one of the stronger competitors in a given industry.
C) is plagued by inefficiency, low profitability, poor employee morale and pressure from stockholders to improve performance.
D) has decided to capitalize on opportunities, maximize threats, take advantage of strengths and overcome weaknesses.
E) does not have a clearly distinctive competence and has failed to meet its objectives and goals consistently over time.
C
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When personal property is physically attached to real property it is known as a fixture.
a. true b. false
Intermediaries are ________
A) firms that broker media space and time for advertisers B) organizations or individuals that pass product messages from a firm to consumers C) media measurement firms that rate the satisfaction of online purchasers D) consumers who volunteer to test new product releases E) media representatives who negotiate advertising rates