A Strategy Whose Objective Is to Correct Major Problems in the Business

question 62

Multiple Choice

A strategy whose objective is to correct major problems in the business through radical changes to current operations is called a _________ strategy.

• A) going out of business
• B) growth
• C) status quo
• D) retrenchment

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Definitions:

ARVN

The Army of the Republic of Vietnam, which was the ground forces of the South Vietnamese military during the Vietnam War.

Catastrophe

A sudden and widespread disaster or calamity that causes significant damage or suffering.

Basic Sanitation

Essential services and practices focused on the management of human waste, wastewater, solid waste, and stormwater to protect human health and the environment.

Gulf of Tonkin Resolution

A 1964 U.S. congressional resolution that gave President Lyndon B. Johnson broad powers to escalate the Vietnam War without a formal declaration of war.