In the _____ stage of organizational decline, a new CEO may be brought in to oversee the closing of stores, offices, and manufacturing facilities, the final layoff of managers and employees, and the sale of assets.
A)crisis
B)blinded
C)inaction
D)faulty action
E)dissolution

Question

Quizplus · Accepted Answer

The stage of organizational decline where a new CEO might oversee the final stages of liquidation and dissolution is the dissolution stage. In this stage, the organization has typically exhausted all other options and is unable to continue operating, leading to the selling of assets and termination of operations.

In the _____ Stage of Organizational Decline, a New CEO