Retrenching to a Narrower Diversification Base Is

question 13

Multiple Choice

Retrenching to a narrower diversification base is

• A)usually the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth.
• B)a strategy that allows a diversified firm's energies to be concentrated on building strong positions in a smaller number of businesses rather the stretching its resources and managerial attention too thinly across many businesses.
• C)an attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit.
• D)sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation.
• E)a strategy best reserved for companies in poor financial shape.

Understand the tools and methods developed to measure job characteristics and design.

Learn about the history and impact of Scientific Management on job design.

Identify non-related factors to job crafting.

Understand the effects of job enrichment, enlargement, and other design strategies on job and work outcomes.

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Definitions:

Interest Rate

The rate at which a loan accumulates interest for the borrower, typically denoted as an annual percentage of the loan's still-to-be-repaid amount.

Capital Facilities

Physical assets that are significant in nature, used in operations such as buildings, roads, and machinery, fundamental to conducting business or providing services.

Expected Rate of Return

Refers to the profit or loss an investor anticipates on an investment that has various known or expected rates of return.

Interest Rate

The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal amount per year.