Strategic Exits

Strategic Management

whats the difference between retrenchment and turnaround strategy? [Video Time Stamp: 00:12] Video Details ------------- P6B - Strategic Management Strategic Choice #17. Turnaround Strategy

Ritu Kotian

CA Inter

★ 19K+

02-Apr-26 10:49

Answers (1)

Retrenchment is simply cutting back — reducing costs, assets, or operations to stop losses. Turnaround is the full recovery plan — it includes cutting back first, but then also rebuilding the business back to profitability.

CA Suraj Lakhotia

Admin

06-Apr-26 09:59