GMA Q 1 & 2

__________ is a term used to describe how trade and technology have made the world into a more connected and interdependent place.

• Corporate change
• Globalization
• strategy
• All of the above

______________ refers to the process of reconfiguring a company's hierarchy, internal structure, or operations procedures.

• Corporate
• Restructuring
• Corporate restructuring
• None

An action taken by a company to drastically ______________ the financial and operational features of the company is known as restructuring.

• static
• Change
• perpetual
• None

Two businesses that serve the same consumer base in different ways, such as a TV manufacturer and a cable company.

• Congeneric
• Horizontal
• vertical
• conglomeratic

Two companies that have no common business areas.

• Congeneric
• Horizontal
• vertical
• conglomeratic

Organisational change has ______________________

• Internal factor
• External factor
• both a and b
• a only

overcoming resistance to change are ________________

• Education
• communication
• involvement
• all of the above

Methods of Industry analysis:

• Diversification
• Congenric
• SWOT
• None

Methods of Industry analysis:

• PEST
• Porter's 5 Forces
• SWOT
• All of the above

A ____________ strategy is a technique you can use to expand a business.

• Functional
• Diversification
• PEST
• SWOT