In which stage of organizational decline does a company face the great

QUESTION

In which stage of organizational decline does a company face the greatest danger of bankruptcy?

A) grasping for salvation
B) undisciplined pursuit of more
C) hubris born of success
D) capitulation to irrelevance or death
E) denial of risk and peril

ANSWER

Answer: D
Explanation: D) Capitulation to irrelevance or death: “It’s the end of the line” is when companies may be sold, left to shrivel into utter insignificance, or allowed to die—go bankrupt.