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 avoid using sites such as wikipedia.org, dictionary.com, tutor2u.net, answer.com, quickmba.com, etc. Please provide references. No definitions - simply apply the concepts when completing the assignment.