The task of crafting a company's overall corporate strategy for a diversified company encompasses all of the following except
A. initiating actions to boost the combined performance of the corporation's collection of businesses.
B. pursuing opportunities to leverage cross-business value chain relationships and strategic fit into competitive advantage.
C. divesting well-performing businesses.
D. picking the new industries to enter and deciding on the means of entry.
E. establishing investment priorities and steering corporate resources into the most attractive business units.
Answer: C
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As Chelsea walked through the concourse to her connecting flight to Spain, she walked by a place selling high-quality audio headphones. She talked with the person standing with the cart. The cart of merchandise would be described as a
A. timed leased agreement store. B. store within a store. C. pop-up shop. D. parasite store. E. kiosk.
Mix-It Concrete Company has the right to enter Nim's land and remove the rock from Nim's quarry. This is
A. a fee simple absolute. B. a license. C. an easement. D. a profit.
Answer the following statement(s) true (T) or false (F)
1. Different components of an organization can be loosely coupled and others tightly coupled. 2. An organization can easily change from a tightly coupled series of groups to a loosely coupled one. 3. The organization must have an incorporated conflict resolution culture in order to undergo change. 4. Network without hierarchy is the best way to effectuate cultural change and overcome resistance. 5. Deep hierarchy is another term to describe a tightly coupled system organization.
In a classified balance sheet, assets and liabilities are classified according to whether they are current or noncurrent. Which of the following statements is not correct about current assets?
A. They will be sold within one year. B. They will be used up within one year. C. They will be acquired within one year. D. They will be converted to cash within one year.