Complete Office Products Recently Announced That It Was Selling Off

question 42

Multiple Choice

Complete Office Products recently announced that it was selling off its office furniture division in order to realign itself more competitively in the marketing of its other products, particularly those in its office supplies and technology divisions. Which of the following strategic maneuvers is illustrated in this scenario?

• A)diversification
• B)an acquisition
• C)a merger
• D)divestiture
• E)domain selection

Understand the global impact of trade agreements on marketing strategies.

Understand the concepts and requirements that constitute a binding contract.

Identify the difference between an offer to form a contract and other pre-contractual statements.

Recognize the elements necessary for an effective offer.

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Definitions:

Self-Regulation of Attention

The ability to control one's focus of attention, managing distractions and focusing on relevant stimuli or tasks.

Nonjudgmental Awareness

An approach or practice of being mindful and observant without making judgments or evaluations.

Sensation-Seeking

The desire to participate in highly arousing activities; it is especially common in early and mid-adolescence.

Highly Arousing Activities

Activities that intensely stimulate the emotional or physical state, causing heightened alertness or excitement.