Thermo Electron Corp

question 115

Multiple Choice

Thermo Electron Corp.,the biggest maker of measurement instruments for medical laboratories,agreed to buy the radiation-monitoring products unit of Compagnie de Saint-Gobain for $30 million to gain European customers.Saint-Gobain of France is Europe's number 1 distributor of building materials,and its radiation monitoring unit did not support the company's mission statement.Saint-Gobain sold one of its:

• A) strategic business units (SBU)
• B) strategic alliances
• C) action programs
• D) transactional units
• E) synergistic divisions

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Definitions:

Corporate Profits

The financial surplus gained by a company after all expenses and taxes have been deducted from total revenue.

Economic Environment

The combination of external economic factors that impact the operation of businesses, such as inflation, employment rates, and GDP growth.

Bankruptcy Codes

A set of federal laws outlined in the United States that govern bankruptcy proceedings and provide the legal framework for dealing with financial insolvency.

Labor Market Supply

The total pool of individuals available and qualified to work, determined by factors such as demographics, education, and willingness to work at prevailing wage rates.