Answer: c. Decline is reversible at the crisis stage, whereas it is irreversible at the dissolution stage.
Explanation: Crisis Stage; at this stage decline is still reversible if the
organisation reorganizes it ways of operations or conducting business. What they can do at this point is to carryout cutbacks and layoffs which would help reduce it's financial burden and create additional capital to run the business. At the dissolution stage nothing can be done anymore to salvage the company as it would have run into bankruptcy and would need to fold up.
Answer: The correct option is C.
Explanation: An Organizational decline usually occur when companies do not anticipate, recognize, neutralize or adapt to the pressures that threaten their survival, be it internal or external. In other words, organizational decline occurs when organizations do not think that there is a need for change.
The crisis stage of organizational decline is reached when all the prior actions taken have failed and it now becomes obvious that without any major change, the survival of the organization at risk.
The Dissolution stage in organizational decline is reached when an organization fails to make the changes needed to sustain the organization. To put it simply, it is the end of a business.
From the explanation above, we can see that if actions are taken, the crisis stage can be reversed, while the dissolution stage signifies the end of a business.
