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Pursue a retrenchment strategy

Problem:

Imagine that you are a CEO for a large business. Your strategic planning team has just decided to pursue a retrenchment strategy. Describe some of the challenges your organization might face in implementing this strategy.

In summary, you will submit one file in MS Word, which should be 1 page in length.

Please provide references. No definitions - simply apply the concepts when completing the assignment.

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Other Management: Pursue a retrenchment strategy

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