WJ Group Inc., a large multinational conglomerate, had begun to experience declining revenues over the years. The top management at the headquarters of the company decided that it was important for the company to avoid deviating from its core competencies. Thus, a few of the company's key businesses like energy, telecommunications, and automobiles were centralized, giving the top management more control over them. Also, relatively newer businesses like beverages and food processing were divested. In this scenario, WJ Group is involved in

A. reverse engineering.
B. benchmarking.
C. crowdsourcing.
D. restructuring.


Answer: D

Business

You might also like to view...

Job enrichment as a motivator is most closely related to which motivational theory?

a. hierarchy of needs b. acquired needs theory c. two-factor theory d. reinforcement theory

Business

Franchise fees can be costly, but they are usually payable over a number of years, after profits are generated from the business

a. True b. False Indicate whether the statement is true or false

Business

Which of the following is NOT an example of an operating cash flow?

A) management fees and distributed overhead B) royalties and license fees C) rent and lease payments D) dividend paid to parent company

Business

You should attempt to have a sufficient amount of funds in liquid assets to draw on when your cash outflows exceed your cash inflows

Indicate whether the statement is true or false.

Business