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:

Mutual Benefit

A situation or agreement in which all parties involved gain advantages or positive outcomes.

Optimising

The process of making something as effective, perfect, or functional as possible through careful adjustments and improvements.

Organisational Conflict

Organisational conflict arises when there are disagreements or incompatibilities between individuals or groups within a company, often stemming from different values, goals, or needs.

Substantive Conflict

A disagreement over issues key to the objectives and goals of a project or organization, potentially leading to functional outcomes if managed well.