Which of the following statements is true about restructuring?
A) It occurs when a business closes and sells its assets to pay creditors.
B) It reduces the scale or mix of operations.
C) It is done by acquiring suppliers or distributors.
D) It involves expansion of an organization's current operations.

Question

Quizplus · Accepted Answer

Restructuring involves reducing the scale or mix of operations. Option A is describing liquidation, not restructuring. Option C is describing vertical integration, not restructuring. Option D is describing expansion, not restructuring.

Which of the Following Statements Is True About Restructuring