1. What are the four key strategies for turning around sick companies? Explain. 2. Define and differentiate between the three different types of liquidation. 3. What is the significance of working out...

1. What are the four key strategies for turning around sick companies? Explain.

2. Define and differentiate between the three different types of liquidation.

3. What is the significance of working out exit options in the beginning?

4. What are the key elements involved in a successful succession of family business and founder’s transition? Explain.

5. What are the common difficulties that come in the way of sale of a business? Explain.