Unrelated Businesses

question 88

Multiple Choice

Unrelated businesses

• A)sell products from the different businesses to much the same types of buyers and retail outlets.
• B)have dissimilar value chains and resource requirements with no competitively important cross-business commonalities at the value chain level.
• C)perform better than just the sum of the individual businesses.
• D)will always have several key suppliers in common.
• E)employ production methods that create economies of scale.

Recognize the role of gain-sharing and profit-sharing in enhancing employee motivation and performance.

Acknowledge the effectiveness of team-based financial incentives on various organizational outcomes.

Assess the use of employee stock ownership plans (ESOPs) and their effects on employee motivation.

Understand how pay plans can be effectively implemented to foster teamwork.

---

Definitions:

Drinking

The act of consuming liquids, often specifically referring to the consumption of alcoholic beverages.

Assimilation

The process we use to incorporate new information into existing schemas (mental representations).

Accommodation

The process we use to create new schemas (mental representations) or drastically alter existing ones to incorporate new information that otherwise would not fit.

Centration

The tendency, especially in children, to focus on one aspect of a situation while ignoring others.