Conservative retrenchment is an attempt to return to former values and mores. This occurs any time some feel there is a need to change the status quo.
Retrenchment means a cutting of expenses. Referenced from Merriam-Webster's Collegiate Dictionary.
Retrenchment refers to sudden firing of employees du to change in organisational strategy or bjective
With respect to an established political policy or position, retrenchment refers to the act of reverting or removing that policy or position.
Downsizing is the act of making something smaller where retrenchment is the act of cutting something down or a reduction of something.
Retrenchment means lay off of employees from the company on account of many reasons like, company going in debt or company's need to cut down the payroll, etc. The compensation given at that time to the employees for firing of them without any notice is called retrenchment compensation.
A retrenchment strategy is a type of strategy a corporation uses to scale back its operations. The company can use this to limit the diversity of their operations or just the size of their processes in general.
reduction, cut, retrenchment, economy, decrease, lessening
The advantage is that the wage bill is reduced, the disadvantage of the retrenchment growth strategy is that a firm may loses employee without reaching their full potential.
# to lay-off, or a lay-off is to get rid of staff, temporary or permanent discharge of workers; redundancy. # retrenchment is to reduce the amount (of costs); to cut down on expenses; to introduce economies.So, whilst all lay-offs may be part of an retrenchment strategy, not all retrenchments necessarily involve lay-offs.
stability expansion growth retrenchment etc
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Retrenchment is the act of cutting down or reduction, particularly in the area of public expenditure, money availability would cause the need to retrench.Some of the causes of retrenchment are:Technology:New technologies can cause the need for company reorganization. For instance, if there is a new machine that digs a ditch, you would hire a person to run the machine, but let go the ten man shovel crew.Economics:A company might need to reduce costs, or simply wish to increase profits. Sometimes retrenchment is needed for a company's economic survival.Structural:The restructuring of a company can sometimes make a position redundant. To increase efficiency, some people may be offered other positions. If they do not wish to take the new position, they could be retrenched.
There are five: Retrenchment, Unemployment, Economic Depression, Rise in levels of poverty and Decline in welfare of society.
Many economists often use the terms of retrenchment and downsizing to explain changes in the way a company does business. Clearly downsizing means that a company has done several things. It has reduced the number of products it produces, and * reduced staff because it has reduced its number of products; and * closing various facilities in various parts of its markets. Retrenchment is often used as a term that means a company has stepped back and refortified its basic products. It can mean changes in the amount of debt it has and refocusing on tried and true product development.
His politics were conservative. The dress was conservative. The dress showed off her conservative personality
RetrenchmentRetrenchment revolves around cutting sales. Retrenchment is a corporate-level strategy that seeks to reduce the size or diversity of an organization's operations. Retrenchment is also a reduction of expenditures in order to become financially stable. Retrenchment is a pullback or a withdrawal from offering some current products or serving some markets. In a military situation a retrenchment provides a second line of defense. Retrenchment is often a strategy employed prior to or as part of a Turnaround strategy.There are five activities that characterize retrenchment:Captive Company. Essentially, a captive company's destiny is tied to a larger company. For some companies, the only way to stay viable is to act as an exclusive supplier to a giant company. A company may also be taken captive if their competitive position is irreparably weak.Turnaround. If your company is steadily losing profit or market share, a turnaround strategy may be needed. There are two forms of turnarounds: First, one may choose contractions (cutting labor costs, PP&E and Marketing). Second, they may decide to consolidateBankruptcy. This may also be a viable legal protective strategy. Bankruptcy without a customer base is truly a bad place. However, if one declares bankruptcy with loyal customers, there is at least a possibility of a turnaround.Divestment. This is a form of retrenchment strategy used by businesses when they downsize the scope of their business activities. Divestment usually involves eliminating a portion of a business. Firms may elect to sell, close, or spin-off a strategic business unit, major operating division, or product line. This move often is the final decision to eliminate unrelated, unprofitable, or unmanageable operations.Liquidation. This is very simple. Take the book value of assets, subtract depreciation and sell the business. This may be hard for some companies to do because there may be untapped potential in the assets.Scott Scheper is a venture finance enthusiast and serial entrepreneur hailing from Orange County, CA. Scott recently graduated from Chapman University where he was a Cheverton Fellow and graduated with honors in Finance, Management and Marketing.
Semi-conservative literally means half conservative; it would describe someone who is somewhat conservative but not entirely conservative.
more conservative, most conservative
Since the Conservative party has changed over time, roughly 13 of the Prime Ministers of Canada were leader of 'the Conservative Party'. (This may be disputed by historians).Sir John A Macdonald (Liberal-Conservative)Sir John Abbott (Liberal-Conservative)Sir John Thompson (Liberal-Conservative)Sir Mackenzie Bowell (Conservative)Sir Charles Tupper (Conservative)Sir Robert Borden (Conservative -> Unionist)Arthur Meighen (National Liberal and Conservative Party / Conservative)Richard Bedford Bennett (Conservative)John Diefenbaker (Progressive Conservative)Joe Clark (Progressive Conservative)Brian Mulroney (Progressive Conservative)Kim Campbell (Progressive Conservative)Stephen Harper (Conservative)