Objective probabilities that can be stated prior to the occurrence of an event are:

A) deterministic or probabilistic.
B) subjective or objective.
C) classical or a priori.
D) relative or subjective.

Answer: C

Business

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Which of the following statements is not true regarding the symbols, boundaries, status, language, and rituals that exist across cultures?

a. Communities have their own vocabulary and way in which they communicate. b. Rituals may be limited to small groups or celebrated across the entire company. c. Rituals can serve to bind a group together, or to constrain it. d. Institutions tend to formalize processes but often easily adapt to new circumstances. e. Symbols can be used to communicate rank and status within the group.

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Henson Electric is interested in diversifying into the frozen foods industry. The board of directors sees this as a risky move since the company can’t capitalize on any of its existing markets or core strengths. Which type of growth strategy is Henson Electric considering?

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