Business, 18.10.2019 19:30 jsmn9083

During the great recession, malcolm's racing bikes lost a considerable amount of its business because customers could no longer afford the expensive models in his shop. he was very near bankruptcy. malcolm began carrying a line of less expensive bikes to appeal to recreational bicyclists and families and also opened a repair service. malcolm used a strategy.
a) retrenchment
b) diversification
c) turnaround
d) reorganization

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