What is retrenchment and turnaround strategies? Give its importance and advantages. How can it help to make the business profitable?
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What is retrenchment and turnaround strategies? Give its importance and advantages. How can it help to make the business profitable?
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- .If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?After graduating from university, you want to open a new company, thinking that you have an entrepreneurial feature. Which of the management models described by McGregor would you apply? Explain your reason for application and the advantages of the management model in items.What do you think the most important part of the business plan is, and why? Also, do you think a business plan is important?