In which strategy does management hope that another company will have the necessary resources and determination to return the company to profitability?
A) sell out
B) captive company
C) liquidation
D) bankruptcy
E) profit

Question

Quizplus · Accepted Answer

Selling out is the strategy in which management hopes that another company will have the necessary resources and determination to return the company to profitability. This involves selling the company to another entity that has the capability to turn around the business and make it profitable again. The hope is that the new owner will have the financial resources, expertise, and management skills to make the necessary changes to improve the company's performance.

In Which Strategy Does Management Hope That Another Company Will