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CLM Is a Big Cable Company

Question 63

Multiple Choice

CLM is a big cable company. The company has recently declared bankruptcy and needs to engage in restructuring in order to give it more flexibility and allow it to raise capital. Since it has identified the need for strategic change, what would be the organization's next step in this strategy- making process?


A) Finding the optimal strategic solution
B) Eliminating impediments
C) Refreezing change
D) Freezing the strategic change
E) Conducting a situation analysis

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