Accounting MCQ Intermediate Accounting Chapter 6 A grand strategy that involves reduction in the organization's efforts is the ______ strategy.

A grand strategy that involves reduction in the organization's efforts is the ______ strategy.

Naim 21:59 Intermediate Accounting Chapter 6

A grand strategy that involves reduction in the organization's efforts is the ______ strategy.

A. retrenchment
B. reorganization
C. downsizing
D. growth
E. stability

Answer: A

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