In Which Strategy Does Management Hope That Another Company Will

question 107

Multiple Choice

In which strategy does management hope that another company will have the necessary resources and determination to return the company to profitability?

• A) sell out
• B) captive company
• C) liquidation
• D) bankruptcy
• E) profit

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Definitions:

Team Reward Systems

Mechanisms designed to provide incentives or rewards to a group of individuals working together towards common goals.

Performance Management

A continuous process by which managers and employees work together to plan, monitor, and review an employee's work objectives and overall contribution to the organization.

Performance Appraisal

The process of evaluating an employee's job performance and providing feedback on their strengths and weaknesses.

Extinction

In psychology, a process by which a previously learned behavior decreases in frequency or stops altogether as a result of non-reinforcement.