Manag., July-2018 – Q51

0. Statement (I): Strategic turn around is a more serious form of internal retrenchment and leads to divestment or liquidation.
Statement (II): Divestment is usually a part of a rehabilitation or restructuring plan and is adopted when a turn around has been attempted but has proven to be unsuccessful.
Statement (III): Combination strategies are the simple solutions that strategists have to offer when faced with the challenges of real life business.
Select the correct code for the above-mentioned statements being correct or incorrect.

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