Question
What is the term used to describe the process of
discontinuing a product, service, or business unit due to low profitability or market demand?Solution
Retrenchment refers to the process of discontinuing a product, service, or business unit due to low profitability, market demand, or strategic reasons. It involves scaling back operations or divesting assets to focus on core business activities and improve overall performance.
Where were the first Asian Games held in India?
Which neighboring nation of India has unveiled new banknotes featuring natural landscapes and temples, removing the portrait of its founding father?
Which type of insurance policy that covers property that is easily movable and provides additional coverage over what normal insurance policies do not?
In which year was the Small Industries Development Bank of India (SIDBI) set up?
From 1337 to 1453, who were the main combatants in the Hundred Year's War?
Which ministry regulates the Foreign Contribution (Regulation) Act (FCRA) registration for NGOs?
Which of the following is not in the Top five most populous countries?
Chhattisgarh does NOT share its boundary with:
The largest deposits of iron ore are found in the states of:
What is Fitch Ratings’ sovereign long-term foreign-currency issuer default rating for India as reaffirmed in 2025?
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