In Terms of Strategy Making, What Is the Difference Between

question 95

Multiple Choice

In terms of strategy making, what is the difference between a one-business company and a diversified company?

• A) The first uses a business-level strategy, while the second uses a set of business strategies and a corporate strategy.
• B) The first uses a business-level strategy, while the second uses a corporate-wide strategy.
• C) The first uses an operating strategy, while the second uses a business-line strategy.
• D) The first uses a functional strategy, while the second uses a business-line strategy.
• E) The first uses a single-line strategy, while the second uses a multi-line strategy.

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Definitions:

Basic Physiological Needs

Fundamental human requirements for survival, such as air, water, food, shelter, and sleep, based on Maslow's hierarchy of needs.

Self-Determination Theory

A theory of motivation that posits that people are most motivated when they feel that they have autonomy, competence, and relatedness.

McClelland's Need

Refers to a theory identifying three primary needs in work situations: the need for achievement, the need for power, and the need for affiliation.

Alderfer's Relatedness Needs

A component of Alderfer's ERG theory focusing on the interpersonal relationships and social needs of individuals within an organization.