Abdullah group of industries is involved in the sale of its marginal business. It is most likely to say that Abdullah group is implementing which one of the following strategies?

A Retrenchment
B Liquidation
C Acquisition
D Join venture

Correct Answer: Retrenchment

Retrenchment can entail selling off land and buildings to raise needed cash, pruning product lines, closing marginal businesses, closing obsolete factories, automating processes, reducing the number of employees, and instituting expense control systems
Bissoy MCQ
#Management #Strategic Management

Related Questions

Rita, an accomplished pastry chef who is well known for her artistic and exquisite wedding cakes, opened a bakery one year ago and is surprised that business has been so slow. A consultant she hired to conduct market research has reported that the local population doesn't think of her shop as one they would visit on a daily basis but rather a place they'd visit if they were celebrating a special occasion. Which of the following strategies should Rita employ to increase her daily business?
A making coupons available that entitle the coupon holder to receive a 25% discount on wedding, anniversary, or birthday cakes
B exhibiting at the next Bridal Expo and having pieces of one of her wedding cakes available for tasting
C placing a series of ads in the local newspaper that advertise the wide array of breads
D moving the bakery to the other side of town
Marginal benefits- marginal cost, makes-
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B effectiveness
C ablance
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A 20%
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Two friend M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk. 5 lac and acquired 20% shares in the business. What is the share of M in the business now?
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B 24%
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During a sale, the price of a pair of shoes is marked down by 10% from the regular price. After the sale ends, the price goes back to the original price. What is the percent increase (to the nearest whole number) form the discounted sale price to the regular price for the shoes?
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While some professors believe that business ethics should be integrated be integrated into every business course, others say that students will take ethics seriously ----.
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B You need an antiseptic, not an antibiotic
C You need to be vaccinated instead of taking an antibiotic
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You are the network administrator for your company. Mike Nash is a member of the Administration group, and Nate Sun is a member of the Intern group. Both groups are in the same domain. On the intranet server, the Administration group is placed in the Security group, and the Intern group is placed in the Nonsecurity group. The Security group is then granted Full Control permission for the Sales virtual directory. Nate needs to update new sales information that is located on the Sales virtual directory. What should you do so that Nate can perform this task?
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