In a Retrenchment Strategy,managers Attempt to ________

question 35

Multiple Choice

In a retrenchment strategy,managers attempt to ________.

• A)eliminate an SBU
• B)increase the amount of business of a "star"
• C)maintain or slightly improve the amount of business an SBU is generating
• D)develop new products that are perceived by customers as different
• E)strengthen or protect the amount of business an SBU is generating

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Definitions:

Deming's 14 Points

A framework for quality improvement and leadership in the workplace, developed by W. Edwards Deming.

Production Line

An efficient arrangement of machinery and workers in which a product is assembled in a sequence of operations.

Deming

Refers to W. Edwards Deming, an American engineer, statistician, professor, author, lecturer, and management consultant known for his work in quality management.

Anticipation

The act of expecting or foreseeing something, often involves preparing for future events or changes.