The Company IRobot Got Its Start by Developing High-Tech Robots

question 22

Multiple Choice

The company iRobot got its start by developing high-tech robots for military uses,but it later started making futuristic robots that clean and wax floors in homes everywhere.Which of the four types of opportunity does this illustrate?

• A)market penetration
• B)market development
• C)diversification
• D)opportunity cost
• E)golden opportunity

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Definitions:

Effective Managers

Individuals who successfully achieve organizational goals through planning, leading, organizing, and controlling resources.

Human Resources

The department of a business or organization that deals with the hiring, administration, and training of personnel.

Primary Job Description

A detailed summary of the main duties, responsibilities, and requirements of a specific job position.

Heterogeneous Work Group

A team composed of members with diverse backgrounds, skills, and perspectives.