Asked by Kåmøgelø Mokwå on Jun 10, 2024
Verified
A ___ seeks to correct weaknesses by making changes to the current ways of operating.
A) restructuring strategy
B) related diversification strategy
C) unrelated diversification strategy
D) backward integration strategy
E) forward integration strategy
Restructuring Strategy
A corporate management tactic involving significant organizational changes such as mergers, acquisitions, or downsizing to improve profitability and efficiency.
Weaknesses
Areas of deficiency or lack of strength that can hinder performance or achievement in various contexts.
Changes
Alterations or modifications in circumstances, conditions, environments, or performances.
- Recognize strategies suited for business renewal and stabilization such as restructuring, turnaround, and liquidation.
Verified Answer
Learning Objectives
- Recognize strategies suited for business renewal and stabilization such as restructuring, turnaround, and liquidation.
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