Question
The fiscal years 2016-17 and 2017-18 were challenging ones for Z Limited located in Germany. The transition to new emission standards, coupled with the impact
The fiscal years 2016-17 and 2017-18 were challenging ones for Z Limited located in Germany. The transition to new emission standards, coupled with the impact of various external factors during the fiscal year 2016-17 had had its effects on the company's profitability during the first quarter of the fiscal year 2017-18. Following this, the management of the company initiated a turnaround during the year 2017-18 to improve Z' business performance. From their analysis, they required 15 million cash to turn things around.
Q) From the case above what are the possible solutions for the problem and why it will work?
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