Why do companies pursue a retrenchment strategy?

A. Better opportunities in the environment are perceived elsewhere.

B. Its main strategic decisions focus on the conscious use of reversal grand strategies.

C. The environment is seen so threatening that internal strengths are insufficient to meet the challenge.

D. Its easier and comfortable to pursue retrenchment strategy.

E. The firm is not doing well or perceives itself as doing poorly.

Choose the correct answer from the options given below: