You Are the General Manager of a Regional HR Staffing

question 83

Multiple Choice

You are the general manager of a regional HR staffing company. What strategic consideration would be LEAST likely to influence your decision to diversify your firm into new, related or unrelated business services?

• A)making a selection among new industries to enter and deciding on the means of entry
• B)analyzing and settling on the appropriate value chain for each business the company has entered
• C)leveraging cross-business value chain relationships and strategic fit to achieve a competitive advantage
• D)establishing investment priorities and steering corporate resources into the most attractive business units
• E)taking actions to boost the combined performance of any new lines of business the firm has entered

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Definitions:

Ultimate Attribution Error

A bias in which positive behaviors by out-group members are attributed to situational factors, while negative behaviors are attributed to their character.

Group-Enhancing Bias

A cognitive bias that leads people to view their own group more favorably compared to others.

Group Production Blocking

A process during collaborative work where the flow of ideas or productivity is impeded because only one group member can contribute at a time.

False Consensus Effect

A cognitive bias whereby people tend to overestimate the extent to which their opinions, beliefs, preferences, values, and habits are normal and typical of those of others.