Carol's Bakery Has Decided to Hold and Maintain Its Present

question 19

Multiple Choice

Carol's Bakery has decided to hold and maintain its present size and not expand into the global market.What type of Grand Strategy is Carol's Bakery using?

• A)Growth
• B)Concentration
• C)Stability
• D)Turnaround

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Definitions:

Short-Term Memory

An ability to hold a small volume of information in a state that is both active and easily accessible for a limited time.

Encoding

The process by which information is transformed into a format that can be stored in memory, an initial step in memory formation.

Short-Term Memory

A cognitive system with a limited capacity that is capable of temporarily holding information available for processing. Short-term memory is essential for day-to-day tasks such as reasoning and decision-making.

Chunking

A process by which individual pieces of information are bound together into a meaningful whole, often to improve memory retention.