Discussion: "Business Turnarounds"
• Create a scenario in which a business's most attractive option may be to declare bankruptcy identifying the benefits and consequences of the filing. Provide a rationale with your response.
• Create a scenario in which you would sell a portion of your financially troubled business venture to a turnaround management company in hopes of getting the business back on track. Provide support for how this may be a desirable option.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.