Which Strategy Should an Organization Use If It Competes in a No-Growth

question 56

Multiple Choice

Which strategy should an organization use if it competes in a no-growth or a slow-growth industry.

• A) divestiture
• B) related diversification
• C) backward integration
• D) unrelated diversification
• E) retrenchment

---

Definitions:

Collection Agency

An enterprise that seeks to collect payments from individuals or businesses on outstanding debts.

Pegboard System

A bookkeeping system that uses a lightweight board with pegs on which forms can be stacked, allowing each transaction to be entered and recorded on four different bookkeeping forms at once; also called the one-write system.

Superbill

An itemized form used by healthcare providers for reflecting rendered services, used for insurance or patient billing.

Double-Entry Bookkeeping

A system of accounting in which every transaction affects both debit and credit accounts and maintains the balance of the accounting equation.