Question

6.in which condition turnaround
strategy is not required?

reduction in profits

reduction in market value of shares

reduction in sales

reduction in complaints of customers​

Answer 1

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This article provides the answer of: “Why the turnaround Strategy is essential for the survival of a failing business?”:

Turnaround strategy is applicable to the loss making business unit. It is the act of making a company profitable again. ‘As it is rightly said “Health is Wealth”, when the Business firm is healthy, then only it can be wealthy’.

Answer 2

Reduction in market value of shares