Which of the following is a way to implement retrenchment strategy?

  • A

    Cutting back on capital and revenue expenditure, e.g. R&D projects, advertising, executives perks, etc.

  • B

    Reduction in inventory levels, production volumes, manpower, and dividend rates, etc.

  • C

    Withdrawal of some products/ product versions, winding up some branch offices, etc.

  • D

    All of the above