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What is retrenchment and advantages?
Retrenchment refers to sudden firing of employees du to change in organisational strategy or bjective
What is meant by retrenchment?
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What was the cornerstone of the Republican domestic policy?
retrenchment.
The cornerstone of Republican domestic policy was?
retrenchment
What is meaning of retrenchment?
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.
What is retrenchment compensation?
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.
Market Retrenchment - changing from export market to domestic market?
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What are synonyms for cutback?
reduction, cut, retrenchment, economy, decrease, lessening
What are advantage and disadvantage of a firm using retrenchment growth strategy?
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.
What is a retrenchment?
Retrenchment refers to the process of reducing costs or expenditures, often in response to financial difficulties or economic downturns. This can involve cutting back on workforce, scaling down operations, or eliminating certain services or departments. Organizations may implement retrenchment strategies to enhance efficiency and improve profitability. It is a strategic decision aimed at ensuring long-term sustainability in challenging economic conditions.
What is conservative retrenchment?
Conservative retrenchment refers to a political strategy or ideology that seeks to limit government involvement in society and the economy, prioritizing individual responsibility and free market principles. It often involves cutting government spending, reducing regulations, and advocating for traditional values.
Different types of business strategies in strategic management?
stability expansion growth retrenchment etc
