James wants to utilize his creativity in the advertising business. So, he plans to leave his shoe manufacturing business. He thinks of the

investors, and looks for a worthy successor for his position in the shoe manufacturing business. However, he is unable to find a worthy

successor. Which exit strategy can James follow?

A. He can let his position remain vacant.

B. He can sell off the business.

C. He can hire a new employee for a temporary replacement

D. He can shut down the business without informing the investors

Question

Kimberly

Business

21 February, 06:57

James wants to utilize his creativity in the advertising business. So, he plans to leave his shoe manufacturing business. He thinks of the

investors, and looks for a worthy successor for his position in the shoe manufacturing business. However, he is unable to find a worthy

successor. Which exit strategy can James follow?

A. He can let his position remain vacant.

B. He can sell off the business.

C. He can hire a new employee for a temporary replacement

D. He can shut down the business without informing the investors

+4

Answers (1)

Know the Answer?

Butterball · Answer 1

C. He can hire a new employee for a temporary replacement

Explanation:

because what if the other states are going to shut down the trade industry and you just shut down your shoe factory the whole city is going to be shoe less so i would say c and wait to find a worthy successor for his position in the shoe manufacturing business.