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    Exam 4: Foundations of Planning
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    A Company That Is on the Verge of Collapse or Bankruptcy
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A Company That Is on the Verge of Collapse or Bankruptcy

Question 20

Question 20

Multiple Choice

A company that is on the verge of collapse or bankruptcy is most likely to employ which strategy?


A) Retrenchment
B) Hunker down
C) Incremental improvement
D) Turnaround

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