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If a Company Sought to Grow Via a Strategy That

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If a company sought to grow via a strategy that required the company to seek new businesses that have no relationship to its current technology, products, or markets, the company would be using a diversification strategy called a conglomerate strategy.


Definitions:

Raters

Individuals involved in assessing the performance or competencies of employees, often as part of performance evaluations or research studies.

Rating Scale

A tool used to assign a value to a variable or response, often in the form of numbers or descriptions, to measure attitudes or perceptions.

Self-appraisals

The process in which employees evaluate their own job performance and productivity, often as part of performance management systems.

Administrative Decisions

Decisions related to the management and operations of an organization, often involving organizational policy or resource allocation.

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