US-Based Thermo Electron Corp

question 4

Multiple Choice

U.S.-based 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.Thermo Electron engaged in a _____ strategy.

• A) building
• B) divesting
• C) diversification
• D) penetration
• E) market development

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Definitions:

Tree Rings

The concentric rings on the cross-section of a tree trunk, representing a record of a tree's age and the conditions under which it grew.

Paleozoic

An era in the geologic time scale, approximately 541 to 252 million years ago, marked by the early development of life, including the Cambrian explosion.

Geologic Timescale

A system of chronological measurement that relates stratigraphy to time, used by geologists, paleontologists, and other Earth scientists to describe the timing and relationships between events that have occurred during Earth's history.

Precambrian Era

The Precambrian Era encompasses all of geological time prior to the Cambrian Period, covering approximately 88% of Earth's history and marked by the formation of the Earth and the appearance of early life.