Examlex
In the unfreezing step, participants must be made aware of problems and be willing to change.
Minimum Standard
The lowest level of acceptable quality or performance in a given area, often set by regulatory bodies.
Professional Tools
Equipment and software specifically designed for use in a profession or trade to carry out job duties more efficiently.
Bankruptcy Code
A collection of laws and regulations that govern the process by which individuals, businesses, and other entities declare inability to repay their debts.
Reorganization Plan
A strategic plan developed to restructure a company's debts and operations with the aim of emerging from financial distress, often used in bankruptcy proceedings.
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