When the grand strategy is liquidation,the business is:
A) Typically sold in parts
B) Sold as a going concern
C) Sold for "good will" value
D) Leased with the option to repurchase

Question

Quizplus · Accepted Answer

When the grand strategy is liquidation, the business is typically sold in parts. This means that the business assets are sold off piece by piece to generate cash to pay off creditors and other obligations. Selling the business as a going concern or for goodwill value is not relevant in a liquidation scenario. Leasing with the option to repurchase is also not applicable as the business is being sold off for good.

When the Grand Strategy Is Liquidation,the Business Is