Sears at One Time Lost Sight of Its Mission and Jumped

question 35

Multiple Choice

Sears at one time lost sight of its mission and jumped into markets such as real estate and financial services that did not fit its strengths or core operations. This most likely occurred because Sears lacked a mission statement with the appropriate:

• A) focus.
• B) strategic fit.
• C) stability.
• D) profitability.
• E) width.

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Definitions:

Handwork

Manual or skilled labor involving the use of the hands and tools rather than machinery, often associated with crafts, artisanal production, and traditional techniques.

Machine Driven Industry

Industries that rely heavily on machinery and technology for production processes, marking a shift from manual to mechanized labor.

American Workers

Individuals employed in the United States, contributing to its economy and labor market.

Unskilled Workforce

A section of the labor market that has no special training or skills, typically associated with lower-paying jobs that require minimal education or training.