Question

5.What is horizontal integration?(1 Point)

the organization becomes its own supplier

a company grows by combining with competitors

the organization becomes its own distributor

a company increases the number of products offered or markets served in its primary business

6........................is the degree to which people in a country prefer structured over unstructured situations and whether they are willing to take risks(1 Point)

Quantity of life

Uncertainty avoidance

Long-term orientation

Power distance

7.Which is not a growth strategy?(1 Point)

Concentration

Diversification

Turnaround

Horizontal integration

8.Non managerial employees ................................................(1 Point)

work directly on tasks

direct activities of other

manage strategies

oversees other employees

Answer 1

Ans to Q No. 5: The correct answer is b) a company grows by combining with competitors. Horizontal integration is the competitive strategy of achieving growth by acquisition of business operations of competitors. Hence option (a) is correct.

Ans to Q No. 6: The correct answer is b) Uncertainty avoidance. This is because uncertainty avoidance refers to a society's tolerance level for unpredictability and uncertainty. Hence, it is a measure of people in a country's preference for structured over unstructured situations.

Ans to Q No. 7: The correct answer is c) Turnaround. Turnaround strategy refers to a restructuring strategy of a company in order to undo wrong or faulty decisions of the company. Hence it is not a growth strategy.

Ans to Q No. 8: The correct answer is a) work directly on tasks. Non-managerial employees are not entrusted with the responsibility to oversee or supervise others' works. Hence their only job is to work directly on tasks.