As Noted in the Strategic Focus, Illinois Tool Works Acquires

question 162

Multiple Choice

As noted in the Strategic Focus, Illinois Tool Works acquires small, low-margin but mature industrial businesses and restructures these businesses in order to improve profits. Illinois Tool Works is following a strategy of ____________ diversification.

• A) related constrained
• B) related linked
• C) unrelated
• D) dominant business

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Definitions:

Brooks

Refers to the work of psychologist Allan Brooks, known for contributions in cognitive psychology, especially in visual and spatial memory.

Exemplars

Specific instances or examples within a category that are used in cognitive psychology to theorize how people categorize items and ideas.

Prototype View

The prototype view is a theory in cognitive science suggesting that people categorize objects and ideas based on a mental image or "prototype" that represents the most typical example of a category.

Prototype

An abstract representation of an idealized member of a class of objects or events.