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  • Statement:The board of directors of the company 'K' has decided in principle to wind up or sell off its business in all but core competency areas.
Question 1:
Statement:
The board of directors of the company 'K' has decided in principle to wind up or sell off its business in all but core competency areas.
Courses of action:
I. The top management will have to first identify core competency areas of its operation.
II. It will have to identify and shift its people from core competency areas to non core area.
A. If only I follows
Feedback I is necessary. Winding up is not possible without this distinction. II makes no sense. Why should the best people be removed from an area you wish to retain?
B. If only II follows
C. If either I or II follows
D. If neither I nor II follows

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