The Most Efficient Way to Expand an Organization's Scope Is

question 79

Multiple Choice

The most efficient way to expand an organization's scope is:

• A)to introduce new products or services into new or existing markets without increasing production facilities or staff.
• B)by increasing the size or scale of the business.
• C)by expanding the firm's appeal to a new set of customers.
• D)to buy a company with complementary products or services.

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Definitions:

Interpersonal

Relating to interactions between individuals, encompassing communication and relationships.

Psychological Health

A state of well-being where an individual realizes his or her own abilities, can cope with the normal stresses of life, work productively, and is able to make contributions to their community.

Industrial Mental Health

Focuses on promoting mental well-being and managing psychological hazards in the workplace to improve productivity and employee satisfaction.

Formal Elements

Fundamental components or structures that make up a work of art or design, such as line, shape, color, texture, space, and form.