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A Turnaround Strategy Is a Type of Renewal Strategy Used

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A turnaround strategy is a type of renewal strategy used when an organization is in serious trouble.


Definitions:

Piecewise Function

A mathematical function defined by multiple sub-functions, each applying to a certain interval of the main function's domain.

Internet Service

A service that provides access to the Internet, including broadband, DSL, fiber-optic, and satellite connections.

Assets

Resources with economic value owned by an individual, corporation, or country, expected to provide future benefits.

Liabilities

Monetary liabilities or dues that an individual or business is responsible for paying to other entities.

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