Examlex
Between 2005 and 2011,Blue Drink Company increased its net profit from $5 million to $25 million.It was able to do this by expanding its product line to include a wider variety of drink flavors as well as introducing a low-calorie line.The $20 million increase in net profit between 2005 and 2011 can be referred to as which of the following?
Attraction-Selection-Attrition Theory
A theory suggesting that organizations tend to attract and select individuals with similar personalities and values, and people who do not fit will leave or be forced out.
Separation Strategy
A method or plan devised by a company to manage the process of employees leaving the organization, either through resignation, layoffs, or retirement, in a manner that minimizes negative impacts.
Unrelated Industries
Sectors or fields of business that do not share common markets, products, services, or technologies.
Attraction-Selection-Attrition Theory
is a theory that explains how organizations become more homogeneous over time by attracting, selecting, and retaining individuals with similar characteristics.
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