Firms Following A(n) _____ Strategy Shrink One or More of Their

question 58

Multiple Choice

Firms following a(n) _____ strategy shrink one or more of their business units.

• A) blue ocean
• B) diversification
• C) integration
• D) retrenchment
• E) disintermediation

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Definitions:

Lewis Terman

A psychologist known for his work in intelligence testing and the longitudinal study of gifted children.

WAIS

Wechsler Adult Intelligence Scale, a standardized test designed to measure intelligence in adults and older adolescents.

Working Memory

A newer understanding of short-term memory that adds conscious, active processing of incoming sensory information, and of information retrieved from long-term memory.

Achievement Test

A test designed to assess what a person has learned.