In Which Strategy Does Management Hope That Another Company Will

question 107

Multiple Choice

In which strategy does management hope that another company will have the necessary resources and determination to return the company to profitability?

• A) sell out
• B) captive company
• C) liquidation
• D) bankruptcy
• E) profit

---

Definitions:

Temporary Leave

A period of time that an employee is allowed to be away from their job for specific reasons, such as health issues, family commitments, or education, often with the intention of returning to the job.

Succession Planning

The process of identifying and tracking high-potential employees who will be able to fill top management positions when they become vacant.

High-Potential Employees

High-potential employees are individuals within an organization who have been identified as having the capability, aspiration, and commitment to hold successive leadership positions and make significant contributions to organizational success.

Management Positions

Roles within an organization charged with the responsibility of executing strategies, leading teams, and managing resources to achieve objectives.