All of the Following Are Possible Negative Consequences of McDonaldization

question 19

Multiple Choice

All of the following are possible negative consequences of McDonaldization in the realm of higher education except

• A)increased class sizes.
• B)fewer faculty members.
• C)increased tuition costs.
• D)increased quality and access of education.

Understand Porter's concept of generic competitive strategies.

Identify and apply competitive strategies to real-world organizational or market scenarios.

Comprehend the key roles and responsibilities of strategic leadership.

Understand the influences and contributions of various cultures and groups to the art and architecture in South and Southeast Asia.

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Definitions:

Vertical Merger

A merger between companies in the same industry but at different stages of production or distribution process.

Horizontal Merger

A horizontal merger is a business consolidation that occurs between firms who operate in the same industry, often leading to synergies, increased market share, and potentially higher market power.

Conglomerate Merger

A merger between firms that operate in entirely different industries, often aimed at diversification and risk reduction.

Trust

A legal arrangement where one party holds assets on behalf of another, or confidence in the reliability and integrity of a person or entity.