Examlex
What is a bona fide occupational requirement (BFOR)? Define the term and give an example of a BFOR for a truck driver.
Competitive Strategy
A plan to achieve a competitive advantage in the market, often by distinguishing one's products or services from those of competitors.
Industries and Markets
Sectors of the economy and the competitive environments in which businesses operate.
Restructuring Strategy
A corporate management term referring to the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable or better organized for its present needs.
Retrenchment
A corporate strategy that involves reducing the size or scope of a company's operations, often through layoffs or the sale of assets, as a way to become more financially stable.
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