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for the purpose of making it more profitable, or better organized for its present needs. Alternate reasons for restructuring include a change of ownership or ownership structure, demerger , or a response to a crisis or major change in the business such as bankruptcy , repositioning , or buyout . Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. In education, restructuring refers a requirement in the No Child Left Behind act of 2001 , which requires schools identified as chronically failing for 5 years or more to undertake rapid changes that affect how the school is ...
Corporate restructuring presents a significant challenge to companies; integrating previously distinct companies or business units requires a clear understanding of how each organization’s process will affect communal structure, technology requirements, and employee morale. As each organization comes together, it brings its own diverse systems and applications, which contribute to an increasingly complex ... Read More
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