Question

1. Identify six forms of corporate restructuring.

Answer 1

Corporate culture:

Corporate culture is the implied beliefs, behaviour, and rulings, that depicts how's an organisation and its members interact with the external factors and how they deal with business undertakings.

There are various forms of corporate culture: viz,

* Mergers: mergers or amalgamation refers to an alliance between two organisations that forms a third company. It brings major transformations and demand restructuring the entire business undertakings.

* Financial restructuring: this restructuring occurs when the company changes its capital structure.

* Legal restructuring: when a firm decide to bring ownership change, and other major transformations that need legal requirements to be met, then legal restructuring is being applied.

* Turnaround strategy: this restructuring is applied when an organisation decides to change its products, services, administration by divesting from failing products and bringing improvements in the operations. It demands replacement of old methods, processes, and offerings with improved policies, methods, and new products.

* Cost restructuring: in this restructuring, administration and operations costs are reduced without impacting on the quality.

* Repositioning: in this restructuring, an organisation changes its business methods. It moves to a different segment with different products and operations that are more profitable.

(Note: please like the answer it will encourage me.)