Which is the following is not true regarding restructuring?

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 6DQ
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52. Which is the following is not true regarding restructuring?

  1. Restructuring refers to making major changes to improve a fims’s performance 
  2. Restructuring can be the consequence of over-expansion or over-diversificationat an earlier time
  3. Restructuring is always a sign that the firm has made an error
  4. Restructuring can take different forms
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