If Blockbuster had done a/an _______________strategy,they may still be in business right now.
A)Retrenchment
B)Stability
C)Turnaround
D)Growth

Question

Quizplus · Accepted Answer

A turnaround strategy focuses on reversing the declining performance of a company by implementing significant changes in its operations, structure, or management. Blockbuster failed to adapt to the changing market trends and the rise of online streaming services like Netflix. If Blockbuster had implemented a turnaround strategy by investing in digital streaming technology and adopting a subscription-based model, they may have been able to compete with Netflix and survive in the market.

If Blockbuster Had Done A/an _______________Strategy,they May Still Be in Business