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Which is true regarding restructuring?
a. There are two primary ways of restructuring namely downsizing and upsizing.
b. A rising level of competition within an industry normally prevents restructuring.
c. Corporate restructuring is not widely embraced around the world.
d. Restructuring is one of the first things to consider when trying to improve profitability.
e. Restructuring is easier in knowledge-intensive firms than capital intensive firms.
Supportive
Providing encouragement or assistance, especially in times of need or distress.
Functional Areas
Distinct sectors within an organization, each focusing on specific aspects of the company’s operations, such as marketing, finance, human resources, and production.
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