Read the scenario below and answer the question that follows:it ofRabid $($Pty$)$ LtdRabid $($Pty$)$ Ltd is need of a turn$-$around strategy. During consultation with management the following were established: Advertising and marketing expenditure have been limited due to budget constraints. Reliance is placed on a small market segment. Production is far below operational capacity. The company is not able to keep up with the high$-$cost structure.Source: Daniels, J$.$C$.2023.$Required:Identify the turnaround situation $($TAS$)$ and discuss a suitable turnaround strategy in terms of the turnaround situation matrix $($TAS matrix$).$ Motivate your answer by considering the warning signs, resource scarcity, and origin of distress.