BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is most extreme type of turnaround strategy
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Global stratgey
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turnaround strategy
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Liquidation strategy
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Explanation:
Detailed explanation-1: -Liquidation strategy implies closing down the entire firm and disposing off its assets. Due to the serious consequences that liquidation carries with itself, it is considered the most extreme and the last resort.
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