In an Attempt to Stop Declining Profitability, ICI, a British

question 82

Multiple Choice

In an attempt to stop declining profitability, ICI, a British chemical company, deleted petrochemical products from its production and concentrated on specialty chemicals, a less capital-intensive, less cyclical business. If ICI is successful in making the needed changes, it will more than likely implement a____________ strategy.

• A) harvesting
• B) revitalization
• C) diversification
• D) revival
• E) recovery

Evaluate the role of different sectors (e.g., energy, e-commerce, manufacturing) in promoting sustainability.

Distinguish between sustainable and non-sustainable business practices.

Understand the implications of short-termism on corporate strategy and investor behavior.

Recognize the importance of sustainable development in the valuation of a company.

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Definitions:

Peristalsis

The rhythmic contractions of smooth muscles in the gastrointestinal tract that facilitate the movement of food and waste.

Lamina Propria

Layer of connective tissue underlying the epithelium of a mucous membrane.

Serosa

Outermost covering of an organ or a structure that lies in a body cavity.

Lysozyme

Enzyme that is destructive to the cell walls of certain bacteria; present in tears and some other fluids of the body.