To Address Limited, Short-Term Problems, a Company Is Most Likely

question 72

Multiple Choice

To address limited, short-term problems, a company is most likely to employ a ________ strategy.

• A)retrenchment
• B)turnaround
• C)doomsday
• D)self-critical

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Definitions:

Endorphins

Neurochemicals produced by the nervous system to manage pain or stress, often leading to feelings of euphoria.

Learned Helplessness

The tendency to fail to act to escape from a situation because of a history of repeated failures in the past.

Martin Seligman

A psychologist known for his work on the theory of learned helplessness, positive psychology, and for his research on factors that contribute to wellbeing.

Major Depression

A mental disorder characterized by a persistent and severe low mood accompanied by low self-esteem and loss of interest or pleasure in normally enjoyable activities.