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In 2006, Sara Lee spun off products that accounted for a large percentage of the company's revenues, including its strong Hanes hosiery brand, so it could concentrate on its well-known food brands. In this example, Sara Lee is employing a ________ strategy.
Long-Term Orientation
A cultural value dimension that emphasizes the importance of future rewards over immediate outcomes.
Individualism
A theory in social science that prioritizes individual liberty over control by the state or the collective.
Host-Country National
An individual who is a citizen of the country where a multinational company operates, but the company is headquartered in another country.
Parent-Country National
An employee who is working in a country other than their own but is a citizen of the country where the organization's headquarters is located.
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