*$_Retrenchment is:?

• A. When a company experiences declining profits and makes cutbacks to improve efficiency
• B. When a company adopts a new strategic position for a product or service
• C. The sale of the complete business, either as a single going concern or piecemeal to different buyers or sometimes by auctioning the assets
• D. ely to take place when an organization lacks a key success factor for a particular market