Business Strategy
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Details
Textbook:
Pages : 323;
Paperback;
210 X 275 mm approx.
Workbook:
Pages :
321; Paperback;
210 X 275 mm approx
Pricing
Textbook Price: Rs. 750 ;
Workbook Price: Rs. 700;
Available only in INDIA
Detail Table of Contents
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Corporate Restructuring – An Overview : Chapter 15
SUMMARY:
Firms use restructuring strategies in response to the changes in the external and internal environment. In light of the rapid environmental changes, restructuring is one of the best available strategies for companies to create maximum value for the stakeholders. The four forms of corporate restructuring are expansion, sell-offs, corporate control, and change in ownership structure.
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productivity by maximizing the components of the numerator, and minimizing the components of the denominator.
The turnaround process consists of four stages. During the first stage (the decline stage), decline starts from firm equilibrium and reaches a nadir. As the firm’s performance reaches its nadir, management begins to take corrective actions — this is the second stage of the turnaround process. The third stage of the turnaround process, the transition stage, is the most complex of all the stages. At this stage, the firm experiments with different strategies, structures, cultures, and technologies. During the fourth stage, the outcome stage, the outcome of the activities undertaken during the third stage is realized. The outcome could be either success or failure.
