Retrenchment would be an effective strategy when an organization

A$)$ has decided to capitalize on opportunities, maximize threats, take advantage of strengths, and overcome weaknesses

B$)$ has shrunk so quickly that major internal reorganization is needed

C$)$ does not have a clearly distinctive competence and has failed to meet its objectives and goals consistently over time

D$)$ is one of the stronger competitors in a given industry

E$)$ is plagued by inefficiency, low profitability, poor employee morale, and pressure from stockholders to improve performance