What is the similarity between high-technology firms and service-based firms that makes them risky as restructuring candidates?
A)They are human-resource dependent.
B)They have few tangible assets.
C)Both types of firm rely on financial economies.
D)The demand for their products is highly sensitive to economic downturns.

Question

Quizplus · Accepted Answer

Both high-technology firms and service-based firms are heavily dependent on their employees' skills and expertise, making them vulnerable to potential disruptions in workforce during restructuring. This makes them risky as restructuring candidates.

What Is the Similarity Between High-Technology Firms and Service-Based Firms