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Examveda

When a company is experiencing an economic recession this is a good time to do what?

A. Reduce costs and assets

B. Refocus

C. Simplify

D. Invest

Answer: Option B

Solution(By Examveda Team)

When a company is experiencing an economic recession this is a good time to refocus. The ReFocus Group assists organizations to develop and implement dynamic strategic plans that are valuable to the organization, helping to define its culture, focus its long-term vision, and identify short-term actions steps that motivate proaction.

This Question Belongs to Management >> Strategic Management

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