Week 10 Discussion.
I’m studying for my Business class and need an explanation.
“Harvesting the Business” Please respond to the following:
- Conclude when you may know it is time to harvest your business venture from Assignment 1. Provide a rationale with your response.
- Imagine you want to exit your business venture from Assignment 1. Decide the strategy you would use to do so. Outline an ideal timeline of the tasks needed to carry out the strategy.
“Business Turnarounds” Please respond to the following:
- Create a scenario in which a business’s most attractive option may be to declare bankruptcy identifying the benefits and consequences of the filing. Provide a rationale with your response.
- Create a scenario in which you would sell a portion of your financially troubled business venture from Assignment 1 to a turnaround management company in hopes of getting the business back on track. Provide support for how this may be a desirable option.