economic retrenchment definition - EAS

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  1. noun [ C or U ] us / rɪˈtrentʃ.mənt / uk / rɪˈtrentʃ.mənt / a situation in which a government, etc. spends less or reduces costs: In retrenchment, central government may seek to limit the total expenditure of all local governments for economic stabilization.
    dictionary.cambridge.org/us/dictionary/english/retrenchment
    dictionary.cambridge.org/us/dictionary/english/retrenchment
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    What is a Retrenchment strategy?
    Definition: A retrenchment strategy helps an organization reduce its operations or cut expenses to achieve a financially stable position. Businesses adopt retrenchment strategies due to economic downfall, losses, or legal issues. A retrenchment strategy can be used to downsize or restructure the business.
    What is fiscal retrenchment?
    Fiscal retrenchment means that a government has to introduce deflationary fiscal measures designed to reduce the amount of borrowing and debt that has been run up during the downturn and economic/financial crisis. Ultimately fiscal retrenchment can be achieved in one of two ways.
    www.tutor2u.net/economics/blog/qa-what-is-fiscal-retren…
    What causes retrenchment?
    Retrenchment normally arises from decisions to change strategic direction, which in turn usually happens because of one or more of the following: Excessively-high costs and low profitability (or unsustainable losses) A decision to adopt a strategy of retrenchment by definition involves change for a business.
    www.tutor2u.net/business/reference/retrenchment-explai…
    Is there a retrenchment in electronics sales?
    Facing retrenchment can be a frightening experience. The worsening economic environment has seen a sharp retrenchment in electronics sales. Plans for such a significant fiscal retrenchment come at a vulnerable time for the world economy.
    dictionary.cambridge.org/dictionary/english/retrenchment
  3. https://www.merriam-webster.com/dictionary/retrenchment

    Webretrenchment noun re· trench· ment ri-ˈtrench-mənt : reduction, curtailment specifically : a cutting of expenses Example Sentences Recent Examples on the Web Loeb backed off that position, but nothing is out of the question at a time of media retrenchment.

  4. https://dictionary.cambridge.org/dictionary/english/retrenchment

    Webretrenchment. noun [ C or U ] uk / rɪˈtrentʃ.mənt / us / rɪˈtrentʃ.mənt /. a situation in which a government, etc. spends less or reduces costs: In retrenchment, central government …

  5. Retrenchment - Explained | Business | tutor2u

    https://www.tutor2u.net/.../retrenchment-explained

    WebMay 12, 2018 · Retrenchment is a term used to describe when a business decides to significantly cut or scale-back its activities. Retrenchment might occur when one or more of the following happen to a business: …

    What is retrenchment in business?
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  6. https://www.marketingtutor.net/retrenchment-strategy

    WebWhat is Retrenchment Strategy? Retrenchment strategy is a process through which you cut down all of those products and services that aren’t profiting your business to

  7. Retrenchment Strategy: Definition, Meaning, Types, Examples

    https://parsadi.com/retrenchment-strategy

    WebFeb 9, 2022 · Definition: A retrenchment strategy helps an organization reduce its operations or cut expenses to achieve a financially stable position. Businesses adopt …

  8. https://www.tutor2u.net/economics/blog/qa-what-is-fiscal-retrenchment

    WebApr 7, 2009 · Fiscal retrenchment means that a government has to introduce deflationary fiscal measures designed to reduce the amount of borrowing and debt that has been run …

  9. https://businessjargons.com/retrenchment-strategy.html

    WebDefinition: The Retrenchment Strategy is adopted when an organization aims at reducing its one or more business operations with the view to cut expenses and reach to a more stable financial position. In other …

  10. https://www.legalwise.co.za/.../retrenchment

    Web1. What is retrenchment? Retrenchment is a form of dismissal due to no fault of the employee, it is a process whereby the employer reviews its business needs in order to increase profits or limit losses, which leads to …

  11. https://www.farmersweekly.co.za/agri-business/...

    WebMar 21, 2013 · Economic – The immediate inference one might make regarding economic reasons for a retrenchment is that the business is suffering losses and

  12. WHAT IS A FAIR REASON TO RETRENCH? - Labour Law …

    https://www.labourlawadvice.co.za/articles/what-is-a-fair-reason-to-retrench

    WebMar 8, 2019 · It is necessary to look at each of these reasons more closely. Typically, economic reasons given regarding the need for retrenchment include the ability to …

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