Examlex
If the rockets of a spaceship in outer space (far from all gravity) suddenly lose power and go off,
the spaceship will gradually slow to a stop.
Retrenchment
A strategic reduction of business activities or workforce by a company to cut expenses and stabilize financially.
Turnaround Strategy
A set of actions taken by a company in an attempt to reverse a period of decline or poor performance.
Outplacement Counseling
Support services provided by organizations to help former employees transition to new jobs, offering career guidance, resume advice, and interview preparation.
Differentiation Strategy
A business approach where a company seeks to be unique in its industry along some dimensions valued by customers.
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