If a Firm Plans to Acquire a Business Because It

question 60

Multiple Choice

If a firm plans to acquire a business because it represents the most promising investment opportunity available,the grand strategy is:

• A) Conglomerate diversification
• B) Joint venture
• C) Concentric diversification
• D) Liquidation

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Definitions:

TAT

The thematic apperception test, a projective psychological test used to reveal a person's social drives or needs by their interpretation of a series of pictures of emotionally ambiguous situations.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Social Impact Theory

Social impact theory suggests that the amount of influence a person experiences in a group situation depends on the strength, immediacy, and number of other people in the group.

Social Expectation

Norms or standards that a society or community holds, which guide and shape behaviors and attitudes of its members.