An Internet Strategy Enabled Nestlé USA to Change Its Way

question 114

Multiple Choice

An Internet strategy enabled Nestlé USA to change its way of doing business and allowed the company to change its staid, risk-averse culture; from buying raw materials to processing purchase orders to marketing the roughly
2,000 products that make up its nearly 200 brands. Employees worked to "Make e-business the way we do
Business." Nestlé USA used change to reinvent the company.

• A) activity-oriented
• B) results-driven
• C) generational
• D) vision-driven
• E) resources-driven

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Definitions:

Defined Contribution Plan

A retirement plan in which the employer, employee, or both make contributions on a regular basis, but the final amount received by the employee depends on the plan's investment performance.

Projected Benefit Obligation

An actuarial calculation of the present value of future pension benefits earned to date by employees, based on expected salary increases.

Vested Benefits

Employee benefits (such as pension plans) that are fully entitled to the employee, not contingent on further employment.