A Firm That Diversifies by Exploiting Its Resources and Capability

question 58

Multiple Choice

A firm that diversifies by exploiting its resources and capability advantages in its original business will have ________ costs than (as) firms that begin a new business without these resource and capability advantages, or ________ revenues than (as) firms lacking these advantages.

• A) higher; lower
• B) the same; higher
• C) lower; the same
• D) lower; higher

Understand the role of human resource management in organizational changes, including downsizing and right-sizing.

Understand the steps involved in a progressive disciplinary program.

Explore various models of the employee turnover process.

Identify retention strategies and how they address job dissatisfaction causes.

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Definitions:

Petty Offense

A minor crime that is less serious than a misdemeanor, often punishable by a fine or a short term of imprisonment.

Misdemeanor

A category of criminal offense that is less serious than a felony and typically punishable by fines, probation, or short-term imprisonment.

Disturbing the Peace

An act that disrupts public order or tranquility, often addressed by legal statutes.

Grand Larceny

Grand Larceny is a crime involving the theft of property or money exceeding a value defined by law, considered a serious felony.