The Purpose of a _____ Strategy Is to Turn Around

question 48

Multiple Choice

The purpose of a _____ strategy is to turn around very poor company performance by shrinking the size or scope of the business.

• A)growth
• B)stability
• C)retrenchment
• D)maturity
• E)repositioning

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Definitions:

Useful Comment

A constructive and beneficial observation or feedback that contributes to improvement or understanding.

Intermittent Reinforcement

A conditioning schedule in which a behavior is rewarded at random intervals, which can lead to a high level of response persistence.

Desired Behaviour

The specific actions or reactions that an organization or individual aims to elicit from others, typically to achieve a certain goal or outcome.

Reinforcement Schedule

A pattern that determines how often a desired behavior is reinforced in operant conditioning, influencing how quickly and robustly that behavior is learned.