The Single- and Dominant-Business Categories Denote Relatively Low Levels of Diversification;

question 39

True/False

The single- and dominant-business categories denote relatively low levels of diversification; more fully diversified firms are classified into related and unrelated categories.

---

Definitions:

Need Theories

Psychological theories that suggest human behavior is motivated by the desire to fulfill specific basic needs, such as physiological, safety, social, esteem, and self-actualization needs.

Universality

The concept that certain principles, ideas, or traits are common, applicable, or beneficial across all cultures, situations, or groups.

Cultures

The shared values, beliefs, norms, and practices of a group of people that are passed down from generation to generation.

Power Distance

The extent to which an unequal distribution of power is accepted by society members.