Corrective actions are expected to
A) strengthen an organization's competitive position in its industry.
B) streamline asset holdings.
C) have no risk.
D) involve abandoning existing strategies.
E) all of the above

Question

Quizplus · Accepted Answer

Corrective actions are intended to correct issues that have been identified in an organization's functioning. The goal of these actions is typically to improve the organization's performance and competitiveness in its industry. Thus, option A is the best choice as it correctly reflects this purpose. B is incorrect, as asset holdings may or may not be involved in corrective actions, depending on the specific issue being addressed. C is incorrect because, like any business action, corrective actions involve some level of risk. D is incorrect as abandoning existing strategies is not always necessary or desirable during corrective actions. E is incorrect because not all of the options are true.

Corrective Actions Are Expected to