______________ occurs when a company is broken up into smaller divisions and sold for a profit.

Question

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Restructuring involves the process of reorganizing a company's structure, often by breaking it up into smaller divisions or eliminating unprofitable divisions, in order to increase efficiency and profitability. The smaller divisions may be sold for a profit as part of the restructuring process. Liquidation involves the process of selling off a company's assets to pay off its debts, while internal reorganization involves changing the company's internal structure without necessarily breaking it up or selling divisions. Chapter 11 refers to a specific type of bankruptcy that allows a company to reorganize its debts and operations while remaining in business.

______________ Occurs When a Company Is Broken Up into Smaller