Troubled companies seek ________ to address serious problems.
A)corporate strategies
B)competitive strategies
C)vertical and horizontal strategies
D)renewal strategies

Question

Quizplus · Accepted Answer

Troubled companies seek renewal strategies to address serious problems. Renewal strategies involve restructuring and revitalizing the company to improve its performance and financial stability. This may include changes to leadership, operations, and market positioning. Corporate strategies, competitive strategies, and vertical and horizontal strategies may also be used, but they are not specifically focused on addressing serious problems within a troubled company.

Troubled Companies Seek ________ to Address Serious Problems