Which of the Following Describes a Turnaround Strategy

Multiple Choice

Which of the following describes a turnaround strategy?

A) a form of divestment and is appropriate when corporate problems can be traced to the poor performance of an SBU or product line
B) occurs when the corporation reduces the scope of some of its functional activities and becomes "captive" to another firm
C) emphasizes improving operational efficiency and is appropriate when a corporation's problems are pervasive, but not yet critical
D) occurs when a corporation liquidates all its assets
E) involves adding different products or divisions to the corporation