In an Attempt to Stop Declining Profitability, ICI, a British

question 28

Multiple Choice

In an attempt to stop declining profitability, ICI, a British chemical company, deleted petrochemical products from its production and concentrated on specialty chemicals, a less capital-intensive, less cyclical business. What type of a grand strategy was ICI using?

• A) retrenchment
• B) stability
• C) growth
• D) maturity
• E) cutback

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Definitions:

Disparate-Impact Cases

Legal cases that deal with practices that adversely affect one group of people more than another, even if the practices are formally neutral.

Unintentional Discrimination

A situation where policies, practices, or actions result in unequal outcomes for different groups without the intent to discriminate.

Same Sex Harassment

Harassment on the basis of sexual orientation or toward individuals of the same sex, which can include unwelcome sexual advances or conduct affecting job performance.

Title VII

A segment of the Civil Rights Act of 1964 that bans discrimination in employment due to race, color, religious beliefs, sex, or the country of origin.