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The Strategy in Which People Concentrate on Particular Skill Areas

question 64

Multiple Choice

The strategy in which people concentrate on particular skill areas to compensate for losses in other areas is called __________.


Definitions:

Standard Oil Company

A U.S. company founded by John D. Rockefeller in 1870, which became a dominant force in the American petroleum industry until it was broken up by the U.S. Supreme Court in 1911 due to antitrust laws.

John D. Rockefeller

An American industrialist and philanthropist who was a co-founder of the Standard Oil Company and became one of the world's wealthiest individuals and major philanthropists.

Trust

Confidence in the reliability, truth, ability, or strength of someone or something.

Merge

The combination of two or more entities into one, often seen in the context of companies or organizations.

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