Failure is certainly part of any business life cycle, and, therefore, some entrepreneurs must exit their businesses through
A) liquidation.
B) restructuring regimes.
C) stocktaking.
D) easy outsourcing.
E) invoice financing.

Question

Failure is certainly part of any business life cycle, and, therefore, some entrepreneurs must exit their businesses through
A) liquidation.
B) restructuring regimes.
C) stocktaking.
D) easy outsourcing.
E) invoice financing.

Quizplus · Accepted Answer

Liquidation is a process where a business is brought to an end, and its assets are distributed to claimants, often used when a business fails and must exit.

Failure Is Certainly Part of Any Business Life Cycle, And