What Does "Retrenchment" Mean When Discussing Business Strategy

question 92

Multiple Choice

What does "retrenchment" mean when discussing business strategy?

• A) A change in the mission for the organization
• B) Ceasing to do business
• C) Cutting back some operations
• D) An increase in the market share for two or more products
• E) Growth at a modest rate

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Definitions:

Leadership Positions

Roles or titles within an organization that hold responsibility for guiding, directing, and influencing others.

Glass Ceiling

An unofficial barrier to advancement in a profession, especially affecting women and members of minorities.

Hostile Working Environment

A workplace where harassment and unwelcome conduct make it difficult for employees to work effectively.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature in a workplace or other professional or social situation.