Mission Statements Can Also Be Used to Help Refocus a Firm

question 94

Multiple Choice

Mission statements can also be used to help refocus a firm on its main line of business.One example of this given in the text is:

• A) Ben & Jerry's expanding beyond ice cream into other food categories.
• B) Disney selling off its theme parks to focus on movies.
• C) Shell Canada selling off its chemicals and forestry businesses.
• D) Ford Motors moving into hybrid cars and SUVs.

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Definitions:

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Electro-Neural Stimulator

A device used to deliver electrical impulses to nerves in the body, often for pain relief or to stimulate muscle activity.

Brain Efficiency

The ability of the brain to perform tasks effectively and efficiently with minimal use of resources, such as energy.

Sociocultural Psychologists

Researchers who examine how social, cultural, and environmental contexts influence behavior and mental processes.