Salvaging a distressed business

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Reference no: EM1335963

Which of the following is not a reasonable option for turning around or salvaging a distressed business?

  1. Revamping the firm's competitive approach
  2. Strategies aimed at imitating what the market leaders are doing
  3. Strategies to boost revenues
  4. Actions to cut costs
  5. Selling off assets to raise cash to save the remaining part of the business

Reference no: EM1335963

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