By Acquiring Retailers in Different Countries,large Global Retailers Such as Carrefour

question 49

Multiple Choice

By acquiring retailers in different countries,large global retailers such as Carrefour and Wal-Mart have increased:

• A)retail concentration.
• B)retail fragmentation.
• C)retail dispersion.
• D)retail crowding.

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Definitions:

Employee's Time

The period during which an employee is at work or is expected to be working.

Training Level

The extent or degree of depth and complexity in which skills and knowledge are imparted to individuals during a training program.

Peter Principle

A term coined by author Lawrence J. Peter describing the tendency to promote individuals to their levels of incompetence. The overpromotion syndrome harms the individual and the organization because it inevitably results in lowered morale and job performance.

Organizations

Groups of people who come together to pursue common goals, typically structured and managed through established processes and hierarchies.