Answer Posted / nakimuli kr
typical retrencment strategies include
1. harvesting, this is to maximise short term profits and
cash flow while maintaining investment in a product flow.
2. turnaround, attempting to restructure operations to
restore earlier perfomance levels
3. divesture, selling off one or more units of an
enterprise to raise cashor concertrate on core activites
4. liquidation, the decision to ease business and dispose
of all assets.
refer Kenneth lysons & Brian Purchasing & Supply Chai
Management7th edition (1981)
| Is This Answer Correct ? | 21 Yes | 3 No |
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