Panera Bread Develops and Produces Its Own Dough-Based Products,but It

question 121

Multiple Choice

Panera Bread develops and produces its own dough-based products,but it works with manufacturing partners to create new soups. Panera Bread is therefore

• A)increasing its costs and reducing its potential to succeed.
• B)engaged in internal corporate venturing.
• C)pursuing innovation through both internal and cooperative strategies.
• D)not an innovative company.

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Definitions:

Expectancy Theory

Theory that holds that people will choose certain behaviors over others with the expectation of a certain outcome.

Groupthink

A phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome, often sidelining alternative viewpoints.

Groupthink

A psychological phenomenon in which the desire for harmony and conformity in a group results in an irrational or dysfunctional decision-making outcome.

Norms

Shared rules or guidelines that prescribe the behavior that is acceptable and expected within a group or society.