Question
Altrex Apparels is a manufacturer of textile products in the United States. The company has been incurring losses for a long time now and it
Altrex Apparels is a manufacturer of textile products in the United States. The company has been incurring losses for a long time now and it hasn't been able to capture much market share. The board of directors meets to decide on future courses of action. Some were of the opinion that the company has the potential to grow and that they can make the company profitable by investing more. Others were of the view that the company should be either sold off or liquidated. Which of the following is most likely to strengthen the idea to sell off the company?
a | The textile industry in the U.S. is a mature market. |
b | The company's products are characterized by high demands and low returns. |
c | The company needs external support for product promotion and placement. |
d | The textile industry is characterized as having high entry barriers. |
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