In which strategy does management hope that another company will have the necessary resources and determination to return the company to profitability?

Question

Quizplus · Accepted Answer

In a sell out strategy, management sells the company to another company that has the necessary resources to turn the company around and return it to profitability. The other options (captive company, liquidation, bankruptcy) involve either closing the company or keeping it as a subsidiary or division without the hope of returning it to profitability.

In Which Strategy Does Management Hope That Another Company Will