What Strategy Is Used to Turn Around Very Poor Company

question 96

Multiple Choice

What strategy is used to turn around very poor company performance by shrinking the size or scope of the business?

• A)growth strategy  
• B)stability strategy  
• C)retrenchment strategy  
• D)repositioning strategy

---

Definitions:

Graphics

Visual elements used to create illustrations, designs, or convey information, such as charts or diagrams.

® Symbol

A trademark symbol that indicates a term, logo, or other indicator is a registered trademark for the products or services it accompanies.

Rights

Entitlements or freedoms that are granted to individuals by legal systems, social conventions, or moral principles, allowing them to perform certain actions or to be treated in specific ways.

Mandatory Language

Specific words or phrases required by law, regulation, or policy to be used in certain documents or communications.