A __________ Strategy Is Often Used for Cars, Stereos, Cameras

question 9

Multiple Choice

A __________ strategy is often used for cars, stereos, cameras, and television because of product standardization and low price.

• A)contingency
• B)transnational
• C)diversification
• D)product development

Understand the significance of funding sources, such as angel investors and venture capitalists, in the startup and growth phases of entrepreneurial ventures.

Understand the basic operation and interaction of PLC logic elements.

Comprehend the structure and function of user programs in machine operation control.

Identify the memory requirements and constraints for different instructions.

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Definitions:

Organization Effective

The degree to which an organization is able to achieve its goals and objectives in an efficient and effective manner.

David McClelland

A psychologist known for his work on motivation theory, particularly related to the needs for achievement, power, and affiliation as key driving forces behind human behavior.

Effective Managers

Individuals in leadership roles who successfully inspire, lead, and make strategic decisions that contribute to their organization's goals.

Strategic Contingencies

Critical factors affecting organizational effectiveness that are controlled by a key subunit.