Which of the Following Describes a Turnaround Strategy

question 1

Multiple Choice

Which of the following describes a turnaround strategy?

• A) a form of divestment and is appropriate when corporate problems can be traced to the poor performance of an SBU or product line
• B) occurs when the corporation reduces the scope of some of its functional activities and becomes "captive" to another firm
• C) emphasizes improving operational efficiency and is appropriate when a corporation's problems are pervasive, but not yet critical
• D) occurs when a corporation liquidates all its assets
• E) involves adding different products or divisions to the corporation