asked 193k views
1 vote
discuss two defensive strategies thar mtumi can use to alleviate pressure on the profitability of his business

asked
User Pikiou
by
7.3k points

1 Answer

2 votes
the defensive strategies that he can use to alleviate pressure on the profitability on his business are :
- Retrenchment
Retrenchment is the act of reducing the cost of operation within a business , such as firing down an employee to increase the profit
- Market Fortification
By introducing several products to the market at the same time, which will lock out some competitions' market share
answered
User Micans
by
8.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.