Business Realignment May Be Necessary to Maximize Core Competencies

question 17

Multiple Choice

Business realignment may be necessary to maximize core competencies. Which of the following would be one of the steps in this realignment process?

• A) revamping the ethics statement.
• B) reviewing global outreach projections.
• C) reviewing successes from e-commerce (if any).
• D) redefining the business concept (the "big idea").
• E) reviewing all macro relationships.

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Definitions:

Cognitive Development

The process by which individuals acquire and develop thinking skills, from perceiving and learning to speaking and reasoning, throughout the lifespan.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, typically developed in infancy.

Formal Operational

A stage in Piaget's theory of cognitive development where individuals learn to think abstractly, reason logically, and plan strategically.

Sociocultural Cognitive Theory

A theory that emphasizes the impact of social interaction, culture, and language on cognitive development.