Solved

Figure 2-7 -Consider Figure 2-7. a Florida-Based Flashlight Company Has Been Extremely

question 234

Multiple Choice

Figure 2-7
-Consider Figure 2-7. A Florida-based flashlight company has been extremely successful due in part to the number of hurricanes in Florida that result in power outages. The firm is thinking of expanding its product offerings to include other emergency supplies such as generators and survival kits (consisting of food bars, a water filtration system, first aid supplies, etc.) . Before going ahead with this decision, several factors had to be considered: (1) The firm has a great reputation with its flashlights and does not want to ruin it. (2) Its physical plant could be refitted relatively easily to make small generators, but it would be rather costly. (3) It would have to rely on another firm to manufacture and package the survival kits. (4) Although there are nine named hurricanes anticipated for the upcoming year, no one really can predict what will happen. The company's reputation would fall in which quadrant(s) of the SWOT analysis grid?

Definitions:

Religious Organizations

Religious organizations are groups formed around shared beliefs and practices pertaining to spirituality or faith, often involved in worship, moral guidance, community service, and cultural preservation.

Federal Reserve Board

A board of governors overseeing the Federal Reserve System, the central banking system of the United States, responsible for setting national monetary policy.

Eminent Domain

The right of a government to expropriate private property for public use, with compensation to the owner.

Private Property

Land or belongings owned by an individual or group, legally protected by laws of the jurisdiction in which it is located.