When a Company Decides to Exit an Industry by Selling

question 75

Multiple Choice

When a company decides to exit an industry by selling off its business assets to another company, it is said to be using a(n) _____ strategy.

• A) market penetration
• B) divestment 
• C) niche
• D) downsizing 
• E) outsourcing

Understand the structure and function of keiretsu in organizational networks.

Differentiate between various organizational technologies and their applications.

Discern the strategic significance of networks, alliances, and the role of IT in organizational learning.

Comprehend the essentials of bureaucratic and mechanistic organizational designs and their impact on efficiency and adaptability.

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Definitions:

Character Pillar

Fundamental qualities or attributes that define and shape an individual's character and moral integrity, often considered foundational to ethical behavior and personal development.

Fairness

The quality of making judgments that are free from discrimination, bias, and favoritism.

Impartial

Free from bias, prejudice, or favoritism; fair and just in consideration or judgment.

Six Pillars of Character

A framework consisting of trustworthiness, respect, responsibility, fairness, caring, and citizenship, aimed at fostering strong ethical principles.