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:

Hippocrates

Often regarded as the "Father of Medicine," an ancient Greek physician who significantly contributed to the practice of medicine by emphasizing a systematic, rational approach to medical treatment and understanding illness.

Biological Process

Processes vital for a living organism to live, such as growth, reproduction, and maintenance of homeostasis.

Abnormal Behavior

Actions or behaviors that are statistically rare or deviant from societal norms and may impair functioning.

Borderline Personality Disorder

A mental health disorder characterized by pervasive instability in moods, interpersonal relationships, self-image, and behavior.