The Strategic Focus on GE in Chapter 3 Details Actions

question 6

Multiple Choice

The Strategic Focus on GE in Chapter 3 details actions by the company which resulted in significant increases in the firm's stock value. The resources which played the greatest role in these actions were

• A) Technological.
• B) Reputation.
• C) Human.
• D) Organizational.

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Definitions:

Punitive Damages

Compensation awarded in a lawsuit that exceeds the actual damages, intended to punish the defendant for egregious conduct.

Screen Out

Refers to the process of eliminating candidates or possibilities that do not meet predetermined criteria or standards.

Social Security

A government program that provides retirement, disability, and survivors' benefits to eligible individuals.

Full Retirement

The age or situation where an individual decides to permanently leave the workforce and cease working.