Question: Select ALL the options that are true for the Inaction Stage of Organizational Decline The top leaders will declare bankruptcy and sell the firm Even
Select ALL the options that are true for the "Inaction" Stage of Organizational Decline
| The top leaders will declare bankruptcy and sell the firm | ||
| Even in the presence of declining performance, organizational leaders may still end up pursuading employees and stakeholders that all is well with the organization | ||
| Top managers may at times use "creative accounting" to make it seem as if things are fine with the firm and that not corrective action is needed | ||
| Top leaders will focus on doing everything possible such as divesting loss making units or downsizing etc. to help stem the firm's decline |
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