A Spin-Off Is A(n)

question 9

Multiple Choice

A spin-off is a(n)

• A)new company.
• B)independent company.
• C)new company and an independent company.
• D)new company, an independent company, and a company formed by detaching part of a parent firm's assets and operations.

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Definitions:

Senior Levels

Upper echelons in an organization comprising top management and executives who are responsible for making strategic decisions.

Strategic Response

An organization's planned and deliberate reaction to changes or challenges in its external environment.

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together the work of diverse individuals and groups.

Establishing Legitimacy

Taking actions that conform to prevailing norms and expectations.