A multinational technology company is considering ways it can expand its business and improve value for its shareholders. The company is in the process of strategic planning.
A U.S.-based firm sells potato chips. The chips are made exc…
A U.S.-based firm sells potato chips. The chips are made exclusively from potatoes grown in Canada. When the U.S. buys the potatoes from Canada, this is an example of exporting.
A not-for-profit organization has an objective “to increase…
A not-for-profit organization has an objective “to increase annual memberships by 20 percent” and “to increase lifetime memberships by 10 percent,” both by December 31, 2024. Which of the following “must” criteria is NOT met in this statement?
To improve its overall output, a bottler of fresh spring wat…
To improve its overall output, a bottler of fresh spring water purchased a new conveyor belt system to move the bottles more effectively and efficiently from one part of the facility to another part of the facility. What type of change does this scenario illustrate, namely as it relates to the new conveyor belt system?
Whereas small international companies tend to bank in their…
Whereas small international companies tend to bank in their home country, multinational corporations tend to search world markets to get the best rates to borrow and manage money.
To develop a contingency plan and prevent an unexpected cris…
To develop a contingency plan and prevent an unexpected crisis, a manager should answer the following questions, EXCEPT:
In the realm of entrepreneurship, the intent of a feasibilit…
In the realm of entrepreneurship, the intent of a feasibility study is to investigate the competition and select products based on your competitive advantage.
Claire’s office, consisting of mostly Penn State alumni, has…
Claire’s office, consisting of mostly Penn State alumni, has an objective “to raise $4,600 for THON.” Considering the model for setting objectives, this statement is an effective objective.
In this module, you watched a video with Michael Porter. Her…
In this module, you watched a video with Michael Porter. Here, he applied the five forces to a particular industry, one that he argued is among the least profitable industries. What is this industry?
Considering the strategic planning process, a multinational…
Considering the strategic planning process, a multinational consumer goods company primarily engages in a situation analysis for all the following reasons, EXCEPT: