Many More Firms Have Failed at ________ Than Have Succeeded

question 107

Multiple Choice

Many more firms have failed at ________ than have succeeded due to the immense challenge of managing businesses in many industries rather than in a single industry.

• A) forward integration
• B) related diversification
• C) backward integration
• D) unrelated diversification
• E) horizontal integration

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Definitions:

Self-Management Skills

Abilities that allow an individual to effectively handle personal affairs, health, emotions, and tasks without immediate direct supervision.

Promote Health

Activities or practices aimed at enhancing well-being and preventing diseases.

Maslow's Theory

A psychological theory proposing a hierarchy of human needs, from basic physiological needs to self-actualization, influencing motivation and behavior.

Lower-Level Needs

Fundamental physiological and safety needs in Maslow's hierarchy, such as food, water, and security, that must be satisfied before higher-level needs.