Resource Preservation

1 Posts
1 Sections
1 Types

Definitions

Hunkering Down Business Strategy Economic Downturn Cost Reduction Resource Preservation Conservative Strategy Financial Stability

**Hunkering Down** is a slang term used in the context of business and economics to describe taking a defensive stance and adopting a conservative strategy, usually in anticipation of tough conditions or to weather through a downturn. Companies often hunker down by reducing expenditures, postponing expansion plans, and preserving resources to maintain stability until the business environment improves.