(a) When an organization’s survival is threatened and it is not competing effectively, retrenchment strategies are often needed.
(b) Turnaround strategy is used when an organization is performing well but has not yet reached a critical stage.
(c) Divestment strategy involves selling the business or setting it up as a separate corporation.
(d) Liquidation strategy involves closure of business which is no longer profitable.
Only (a), (b) and (c) are correct.
Only (b), (c) and (d) are correct.
Only (a), (c) and (d) are correct.
Only (a) and (d) are correct.