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You have been asked to consult with a struggling business. To start, you begin reviewing the stages that companies in decline go through before dissolution.

You have been asked to consult with a struggling business. To start, you begin reviewing the stages that companies in decline go through before dissolution. Which of the following is not a stage declining companies go through before dissolution?

Crisis where the company must systemically overhaul or go bankrupt

Inaction need for change is evident but companies chose not to change

Blindness companies do not see the change coming

Faulty action companies attempt to preserve the status quo instead of making meaningful changes

All of the above (A, B, C, & D) represent stages that declining companies go through before dissolution.

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