Which Strategy Did Circuit City Use in 2008 When It

question 54

Multiple Choice

Which strategy did Circuit City use in 2008 when it converted its retail stores to cash?

• A) liquidation
• B) bankruptcy
• C) diversification
• D) divestment
• E) consolidation

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Definitions:

Forced Distributions

A performance evaluation method where employees are ranked and rated according to a predetermined distribution curve, often to identify top performers, average performers, and underperformers.

360-Degree Performance

A method of performance assessment where an employee is evaluated by feedback from supervisors, peers, subordinates, and sometimes clients.

Supervisors

Individuals who oversee and manage the work performance of others, ensuring tasks are completed efficiently and effectively.

Subordinates

Employees who work under the supervision of a manager or superior within an organizational hierarchy.