Peerless Inc

question 88

Multiple Choice

Peerless Inc., a large conglomerate, wants to liquidate its business in certain industries to improve its overall profitability. Which of the following industries would Peerless Inc. find it most difficult to exit?

• A) the management consultancy industry in which the company's fixed costs are low
• B) the steel industry in which the company has obligations like severance pay toward employees
• C) the corporate training industry in which the company's commitments are mostly short-term
• D) the e-commerce industry where the company has no long-term contractual agreements with suppliers

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Definitions:

Emphasized Social Factors

Highlighting the importance of social influences and contexts in affecting individual behavior and attitudes.

Future Goals

Objectives or outcomes that a person aims to achieve in the future, guiding present behavior and decisions.

Human Nature

Refers to the characteristics, feelings, and behavioral traits of humankind that are naturally occurring and not influenced by culture.

Freud's

Pertains to Sigmund Freud, the Austrian neurologist who founded psychoanalysis, and his theories regarding the unconscious mind, sexual desire, and psychological development.