The Type of Strategy,which Achieves Corporate and Business Unit Objectives

question 51

Multiple Choice

The type of strategy,which achieves corporate and business unit objectives and strategies by maximizing resource productivity is

• A) functional.
• B) operational.
• C) business.
• D) product.
• E) corporate.

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Definitions:

Boycott

A form of protest in which individuals or groups refrain from using, buying, or dealing with products or services of a company as an act of criticism or demand for change.

Mackay Doctrine

A principle from U.S. labor law allowing employers to permanently replace striking workers under certain conditions, established in the case NLRB v. Mackay Radio & Telegraph Co.

Perfect Information

A scenario in economics where all parties have access to all relevant information about a transaction, market, or event before it occurs.

Strikes

Work stoppages initiated by employees as a form of protest against terms of employment or to demand better wages and conditions.