Growth Through Diversification Out of an Industry into an Unrelated

question 78

Multiple Choice

Growth through diversification out of an industry into an unrelated industry is called

• A) concentration.
• B) horizontal growth.
• C) concentric diversification.
• D) vertical growth.
• E) conglomerate diversification.

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Definitions:

Filtering

The process of withholding or distorting information as it is transmitted up or down the organizational hierarchy.

Communication Process

The steps through which information is conveyed between a sender and a receiver, including encoding, medium of transmission, decoding, and feedback.

Media Richness

The ability of a communication medium to effectively convey information and promote understanding in a timely manner.

Employee Use

Pertains to how organizations leverage the skills, abilities, and time of their workforce to achieve business objectives and operational requirements.