In Firms with Overall Low-Cost Strategies, the Culture Should Foster

question 33

Multiple Choice

In firms with overall low-cost strategies, the culture should foster _____ levels of interdependence and rewards should be based primarily on _____ measures of output.

• A) low; financial
• B) low; behavioural
• C) high; financial
• D) high; behavioural

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Definitions:

Fermentation

A metabolic process that converts sugar to acids, gases, or alcohol in the absence of oxygen, commonly used in the production of beer, wine, and bread.

Efficient

Achieving maximum productivity with minimum wasted effort or expense, often related to processes and systems.

Oxidized

Describes a substance that has lost electrons during a chemical reaction, often associated with the process of oxidation which can result in changes in energy, composition, or color.

Citric Acid Cycle

An array of chemical processes employed by all organisms requiring oxygen to unleash the energy held by oxidizing acetyl-CoA, which comes from carbohydrates, fats, and proteins.