A new management team may be needed to turn an organization around once it reaches the ________ stage of decline.

Question

Quizplus · Accepted Answer

The crisis stage is the point at which an organization faces an acute problem, such as a financial crisis or a major loss of market share. At this point, a new management team may be necessary to implement a new strategy and make significant changes to salvage the organization. The other options do not accurately describe a stage of decline.

A New Management Team May Be Needed to Turn an Organization