Which of the Following Strategies Most Helps a Company to Avoid

question 18

Multiple Choice

Which of the following strategies most helps a company to avoid the problem of opportunistic suppliers?

• A)Product development
• B)Vertical integration
• C)Global expansion
• D)Related diversification

Understand the historical evolution of management theories and their relevance to modern management.

Recognize the significance of the Hawthorne Studies to the human relations movement in management.

Identify key figures in the development of management thought and their contributions.

Understand the principles of classical management approaches.

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Definitions:

Clustering

The task of grouping a set of objects in such a way that objects in the same group (called a cluster) are more similar to each other than to those in other groups.

Associations

Groups or organizations formed by people who share common interests, goals, or purposes.

Brainstorming

Brainstorming is a creative group problem-solving and idea-generating technique aiming to find a conclusion for a specific problem by gathering a list of ideas spontaneously contributed by its members.

Brainstorming

A creative group activity aimed at generating ideas and solutions through spontaneous and unrestrained discussion.