Suppose You Are a Delegate Representing the State of New

question 100

Multiple Choice

Suppose you are a delegate representing the state of New York at the Constitutional Convention. You recognize a need for a change in the Articles of Confederation, but want to be sure your states' interests are well-represented at the federal level. As such, you are likely to favor which plan?

• A) the Annapolis Plan
• B) the Virginia Plan
• C) the New Jersey Plan
• D) the Philadelphia Plan

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Definitions:

Organization Anticipates

The process by which organizations attempt to foresee future challenges or opportunities and prepare accordingly.

Retrenchment

A retrenchment or turnaround strategy occurs when an organization finds that its current operations are not effective, and major changes are usually needed to rectify the problem. In most cases, this strategy involves rightsizing the organization by closing operations, shutting down factories, and terminating employees in order to get back on the right track.

Executive Succession

Involves systematically planning for future promotions into top management positions.

Development Costs

Expenses associated with the development of new products, services, or processes.