Divestiture Has Become a Popular Strategy for Firms to Focus

question 68

True/False

Divestiture has become a popular strategy for firms to focus on their core business and become more diversified.

Understand the broad spectrum of theories related to work motivation.

Describe and differentiate between need theories and process theories of motivation.

Explain the components and implications of Self-Determination Theory.

Identify the needs outlined in Maslow's hierarchy and their correspondence in Alderfer's ERG theory.

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Definitions:

Norms

Shared standards or expectations that regulate behavior within a group or society.

Values

Core beliefs or principles that guide behavior and decision-making processes.

Goal-Based Cultures

Organizational cultures that prioritize and organize work around achieving specific objectives or outcomes.

Rule-Based Organizations

Organizations that operate according to set rules, procedures, and standards to ensure consistency and uniformity in decision-making and actions.