With a ________ Strategy,a Company Attempts to Focus on What

question 97

Multiple Choice

With a ________ strategy,a company attempts to focus on what it does best within its established markets and can be thought of as "sticking to its knitting."

• A)concentration
• B)retrenchment
• C)benchmarking
• D)divestment
• E)downsizing

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Definitions:

Slope

The measure of the steepness or incline of a line, typically calculated as the ratio of the vertical change to the horizontal change.

Line

In a geometric sense, an infinitely long, straight figure with no thickness, extending in both directions and defined by a set of points that align.

Labor Force Participation

The ratio of the labor force to the total working-age population, indicating the percentage of the population that is either employed or actively seeking employment.

Slope

The measure of the steepness or incline of a line or surface, often expressed as a ratio of rise to run or as an angle in degrees.