What is the restructuring strategy, and what are its common forms?
Answer to relevant QuestionsWhat are the short- and long-term outcomes associated with the different restructuring strategies? What are the three basic benefits firms can achieve by successfully using an international strategy? What are two important issues that can potentially affect a firm’s ability to successfully use international strategies? What are the differences between the cost-minimization approach and the opportunity-maximization approach to managing cooperative strategies? What is the market for corporate control? What conditions generally cause this external governance mechanism to become active? How does this mechanism constrain top-level managers’ decisions and actions?
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