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lakkis [162]
3 years ago
5

In 2008, the United States began to witness one of the worst recessions since the 1930s. The collapse of the housing bubble in 2

006 led to a massive decline in real estate prices, affecting consumers and institutions, especially banking and financial entities. Severe liquidity shortfalls in the United States as well as other global markets led to a serious credit crisis. During the credit crisis of 2008–2009, several banks and other businesses went through a reorganization process or were forced to liquidate. Consider the following example:________.
In January 2009, American electronics retailer Circuit City Inc. closed all of its stores and sold all of its merchandise.
The above is an example of:______.
A. Reorganization
B. Liquidation.
Business
1 answer:
deff fn [24]3 years ago
3 0

Answer:

B. Liquidation.

Explanation:

Liquidation is and aftermath of the inability of a company or establishment to meet up with her obligations at the required moment. Thus, the company folds-up, lay off her staff and stop operating. While reorganization is a form of restructuring in a company or establishment. It may involve change of positions and duties among capable staff.

The example in the given scenario is that of liquidation because it ceased from operation.

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a. was largely driven by the desire for expanded overseas trade

Explanation:

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Answer:

As per Chegg guidelines .

Explanation:

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4 0
3 years ago
Explain whether you agree or disagree with the leadership style that was determined for you. Why?
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I agree because it taught me how to be a tood person, and wpone that is smart academically and in life

Explanation:

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The recovery time objective (RTO) downtime metric is the defined as the point in time to which lost systems and data can be reco
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Answer:

False

Explanation:

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It defined to that time period during which the unprocessed process can be recovered after the disturbance occurs during any business operation.

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