One Way a Diversified Company Can Increase Its Profitability Is

question 45

True/False

One way a diversified company can increase its profitability is by acquiring inefficient or poorly managed companies and then restructuring them to improve their performance.

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Definitions:

Mitochondria

Organelles found in the cytoplasm of most cells, involved in energy production through the process of oxidative phosphorylation.

In-service Training

Training provided to employees during their tenure at an organization to improve their skills and knowledge.

Staff Development

The process of improving the skills, competencies, and knowledge of staff members through various forms of training and educational opportunities.

Organization Chart

A chart showing the organization-wide distribution of work, with titles of each position and interconnecting lines showing who reports to and communicates with whom.