A Hardware Chain Decides to Abandon the Homeowner Market and Focus

question 85

Multiple Choice

A hardware chain decides to abandon the homeowner market and focus exclusively on professional contractors.This requires the company to modify how its employees work and are organized.This is an example of ________.

• A) structure determining strategy
• B) structure determining productivity
• C) strategy determining structure
• D) strategy affecting philosophy

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Definitions:

Excise Tax

A tax directly levied on specific goods or services, such as tobacco or gasoline, usually to discourage their use or generate revenue.

Highly Inelastic

A situation where the demand or supply for a good or service is insensitive to changes in its price.

Highly Elastic

Describes a situation where the supply or demand for a product or service changes significantly in response to changes in price.

Per-Unit Subsidy

A government payment made for each unit of a product produced or sold, aimed at reducing the price or encouraging production.