Wm Wrigley Jr

question 119

Multiple Choice

Wm. Wrigley Jr. Company once made only chewing gum. When Wrigley bought Life Savers (a line of candy mints) and Altoids (a line of breadth mints) from Kraft, chewing gum then constituted less than 95 percent of revenues. Thus, Wrigley

• A) was moving away from its traditional single-business strategy toward a dominant strategy.
• B) was moving away from its traditional dominant strategy toward a related linked strategy.
• C) became a conglomerate since Life Savers and Altoids are unrelated businesses.
• D) probably planned to restructure these companies and sell them off.

Explain the components of gross savings.

Understand how Malthusian theory applies to population growth and its limitations.

Comprehend the historical and contemporary trends in work hours and productivity growth.

Recognize the relationship between economic development and population dynamics.