Significant Cost Reductions, Layoffs of Employees, Closing of Poorly Performing

question 10

Multiple Choice

Significant cost reductions, layoffs of employees, closing of poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a_____________ strategy.

• A) portfolio
• B) retrenchment
• C) stability
• D) firm-level
• E) rehabilitation

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Definitions:

Pyroclastic Column

A dense, vertical cloud of hot volcanic ash, gas, and debris that rises from an explosive eruption.

Lava Dome

A lava dome is a mound-shaped protrusion resulting from the slow extrusion of viscous lava from a volcano.

Lava Flow

The movement of molten rock or lava released during a volcanic eruption across the Earth's surface.

Pyroclastic Flow

A fast-moving current of hot gas and volcanic materials that flows down the side of a volcano during an explosive eruption.