By Cutting Back Operations to Match Areas of Declining Demand

question 121

Multiple Choice

By cutting back operations to match areas of declining demand and moving some operations overseas, Hewlett-Packard anticipates a reduction in costs of more than $2 billion. But despite having made significant progress toward being a smaller, more nimble company, significant challenges in returning to profitability still remain. Hewlett-Packard is a good example of

• A)pursuing a strategy of corporate restructuring
• B)achievement of cost savings in research and development areas
• C)reducing cycle times in getting new products to market
• D)strategic fits in R&D or technology development to boost sales in both the parent company and the diversified businesses
• E)strategic fits in innovation to allow for a greater number of new products or processes

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Definitions:

Textiles

Materials made by weaving, knitting, crocheting, or bonding fibers together to create fabric used in the production of clothing, household goods, and other products.

Planks and Stilts

Architectural or construction elements, with planks being long, flat pieces of timber used for building purposes, and stilts being poles, posts, or pillars used to raise structures or objects above the ground.

Food Scarcity

The situation that arises when the availability of food in a region is insufficient to meet the dietary needs of its population.

Paleolithic

Relating to the earliest period of the Stone Age, characterized by the development of the first stone tools by early humans.