______________ occurs when a company is broken up into smaller divisions and sold for a profit.
A) Liquidation
B) Internal reorganization
C) Bankruptcy
D) Restructuring

Question

Quizplus · Accepted Answer

Restructuring involves reorganizing a company, which may include selling off divisions for profit. Liquidation involves selling off all assets in order to pay off debts, while bankruptcy is a legal process that occurs when a company cannot pay off its debts. Internal reorganization does not necessarily involve selling off parts of a company for profit.

______________ Occurs When a Company Is Broken Up into Smaller