Western Union Failed to Define Its Competitive Arena as Telecommunications,concentrating

question 5

Multiple Choice

Western Union failed to define its competitive arena as telecommunications,concentrating instead on telegraph services,and was eventually outflanked by fax technology.Had Western Union been a _____-oriented company,its management might have better understood the changes taking place and developed strategies to counter the threat.

• A) sales
• B) empowerment
• C) community
• D) societal
• E) market

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Definitions:

Generative Learning

Learning that emphasizes understanding and applying knowledge in new and different situations through the integration of new information with existing knowledge.

Synchronous Training

Training that occurs in real-time, where participants and instructors interact simultaneously, often through digital platforms.

Asynchronous Training

A learning format that allows participants to complete training activities at their own pace without needing to be concurrently online with instructors or peers.

Instructional Design

The systematic development of educational or training materials and experiences to facilitate the acquisition of knowledge or skills.