The strategy which takes place in three basic phases of contraction,consolidation,and rebirth is
A) merger.
B) liquidation.
C) integration.
D) divestment.
E) turnaround.

Question

Quizplus · Accepted Answer

The three phases of contraction, consolidation, and rebirth are indicative of a turnaround strategy. This strategy involves analyzing and restructuring a company's operations to improve its financial performance and competitiveness. Contraction involves cutting down on unprofitable activities, consolidation involves focusing on core activities, and rebirth involves investing in growth opportunities to revitalize the company. Therefore, the correct answer is E - turnaround.

The Strategy Which Takes Place in Three Basic Phases of Contraction,consolidation,and