Corrective actions should always
A) strengthen an organization's competitive position in its industry.
B) streamline asset holdings.
C) have no risk.
D) involve abandoning existing strategies.
E) all of the above

Question

Quizplus · Accepted Answer

Corrective actions should aim to improve the organization's performance and enhance its ability to compete in the market. Strengthening the competitive position in the industry can help the organization achieve its goals and increase profitability. Streamlining asset holdings or abandoning existing strategies may be necessary, but these actions should be aligned with the goal of strengthening the organization's competitive position. Additionally, corrective actions may involve some degree of risk, but this should be managed and minimized as much as possible to ensure maximum success.

Corrective Actions Should Always