An organization that is downsizing by cutting staff to reduce costs can be described as pursuing a

Question:

An organization that is downsizing by cutting staff to reduce costs can be described as pursuing a _________strategy.

(a) liquidation

(b) divestiture

(c) retrenchment

(d) stability

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring Management

ISBN: 9781119704188

7th Edition

Authors: John R. Schermerhorn, Daniel G. Bachrach

Question Posted: