What term is used to describe the efforts to reverse the decline of a business?
A)Turnaround
B)Haircut
C)Retrench
D)None of these

Question

Quizplus · Accepted Answer

Turnaround refers to the efforts made by a business or organization to reverse a decline in performance and return to profitability. This may include changes in strategy, restructuring, cost-cutting measures, and other actions aimed at improving the financial health of the business.

What Term Is Used to Describe the Efforts to Reverse