________ occurs when a company is broken up into smaller divisions and sold for a profit.
A) Liquidation
B) Internal reorganization
C) Chapter 11
D) Restructuring

Question

Quizplus · Accepted Answer

Restructuring refers to the process of reorganizing a company's structure, often through the sale of divisions or assets, with the goal of improving financial performance and profitability. This can involve breaking up a company into smaller divisions and selling them off to generate profits for shareholders. Liquidation refers to the process of selling off all assets to pay off debts, while Chapter 11 is a specific type of bankruptcy often used to reorganize a company and emerge stronger. Internal reorganization refers to changes made to the structure and operations of the company, without necessarily involving the sale of assets or divisions.

________ Occurs When a Company Is Broken Up into Smaller