When Philip-Morris, the Tobacco Giant, Bought Kraft, Inc

question 43

Multiple Choice

When Philip-Morris, the tobacco giant, bought Kraft, Inc., it was pursuing a _____.

• A) corporate-level strategy
• B) business-level strategy
• C) functional-level strategy
• D) multidomestic strategy
• E) retrenchment strategy

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Definitions:

Merton

Robert K. Merton, an influential sociologist known for developing theories such as the strain theory which explains social structures and their effects on individuals.

Sutherland's Theory

A criminology theory, also known as Differential Association Theory, which posits that criminal behavior is learned through social interactions with others.

Deterrence Doctrine

A theory that argues that the threat of punishment can prevent people from committing crimes.

Certainty

The level of assurance or confidence that an event will occur or a statement is true.