Examlex

Solved

An Organization Purchases One of Its Suppliers in Order to Obtain

question 76

Multiple Choice

An organization purchases one of its suppliers in order to obtain access to the raw materials which it needs for its production.It also decides to sell its products through its own retail outlets.Which of the following corporate-level strategies is the organization using?


Definitions:

Enriched Job

A job that has been designed to include a greater variety of tasks, giving the employee more responsibility, and opportunities for growth.

Direct Feedback

Information provided explicitly and straightforwardly about one's performance, behavior, or work, aimed at improvement or recognition.

New Learning

A process of acquiring knowledge or skills in new areas, often leading to personal or professional development.

Job Enrichment

A management concept focused on redesigning jobs in a way that increases the responsibilities, and opportunities for personal growth and recognition, thereby making them more fulfilling.

Related Questions