Retrenchment strategy in the organization can be explained as
A. Reducing trenches (gaps) created between individuals.
B. Divesting a major product line or market.
C. Removal of employees from job through the process of reorgani-zation.
D. Removal of employees from job in one business to relocate them in other business.
Answer:B
Retrenchment strategy in the organization can be explained as
A. Reducing trenches (gaps) created between individuals. B. Divesting a major product line or market. C. Removal of employees from job through the process of reorgani-zation. D. Removal of employees from job in one business to relocate them in other business.