______________ is generally motivated by the assumption that neither a turnaround nor a divestment will be successful.

Question

Quizplus · Accepted Answer

Liquidation is the process of selling off all the assets of a company and using the proceeds to settle its debts, ultimately resulting in the closure of the company. This option is usually considered when the company's financial situation is so dire that neither a turnaround nor a divestment will be successful.

______________ Is Generally Motivated by the Assumption That Neither a Turnaround