Question: Question 6 (7 marks) A company has got itself into some significant difficulties financially and it has been put into voluntary administration. In the company,

Question 6 (7 marks)

A company has got itself into some significant difficulties financially and it has been put into

voluntary administration. In the company, there are still some substantial assets or possibly

some intangibles such as: goodwill, trademarks, customer connections and other matters that

could mean that the company might survive with some good management.

What should the company do?

(Maximum 175 words)

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