Answer Posted / saswat barpanda
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.Retrenchment
is often a strategy employed prior to or as part of a
Turnaround strategy.
| Is This Answer Correct ? | 96 Yes | 14 No |
Post New Answer View All Answers
what do you mean by Repatriation and its shock
How can we communicate as realistic a picture as possible of a job and of the organization to prospective employees? What kinds of issues are most crucial to them?
What type of compesation and rewards available in most of the organisations? and how to improve it?
what is the difference between organizational structure and design
what is contract labour? Pls Spesify in brief, what is PF according to you? What is ESIC according to you? What r the current rate of PF and ESIC?
how can u evaluate the human resource of your organisation? what are the possible difficulties in perceiving the human resource
list the detailed advantages and disadvantages of off the job training
Hi, I have 2 yrs of experience in Recruitment in the ITeS industry. I would be moving to US next year. I wanted to know the job opportunities available and how i need to equip myself for the same.
What are the components of an effective merit pay plan?
The present state of recession in the IT Industry – as a Human Resource Manager how are you going to undertake Human Resource Planning to Macro level to tide over the crisis
What are the benefits of a suggestion plan?
i am a mba professional,but i ve secured 59.5% in mba.will i get job in hr field ps tell me?
Why u choose recruitment as a carrer.?
For How many days salary is paid ? for how many days wages is paid ?
i want to do sap course as i am fresher(mba hr) is it usefull to do sap hr without experience
