Refer to Closing Case - Putting It All Together: Which

question 46

Multiple Choice

Refer to Closing Case - Putting It All Together: Which of the following statements is not true about Chubb Insurance's strategy

• A) Considerable effort was made to explain the advantages of the unified architecture to employees
• B) The unified architecture reduced costs
• C) The unified architecture is flexible and allows employees to use technologies of their choice
• D) The unified architecture enables Chubb to make faster decisions
• E) The unified architecture enables Chubb to reduce time to market

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Definitions:

Greenfield Venture

Refers to a type of foreign direct investment where a parent company starts a new venture in a foreign country by constructing new operational facilities from the ground up.

Wholly Owned Subsidiary

A company whose entirety of shares is held by another corporation, the parent company, thus giving the parent complete control.

E-Commerce Firm

A company that conducts its business transactions through the internet.

Entry Tactic

A strategy employed by businesses to enter a new market, overcome barriers, and compete effectively.