What term describes the process of decreasing the scale of a company?

Managers Role in Strategic HRM MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Published
29 Sept 2021
Last updated
28 May 2026

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Explanation

Consolidation refers to the process where a company reduces its size or scope by merging or streamlining operations, unlike geographic expansion, diversification, or horizontal integration which involve growth or expansion.

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