Henry, a Manager of an Automobile Company, Wants to Know

question 8

Multiple Choice

 Henry, a manager of an automobile company, wants to know about the influence of various environmental factors on his organization and its stakeholders. He needs an appropriate tool to carry out this function, which in turn will help him predict stakeholder response. Which of the following tools will best serve this purpose?

• A) Stakeholder mapping
• B) Scientific management
• C) Strategic positioning
• D) Trend analysis

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Definitions:

Winter Season

The coldest season of the year, occurring between autumn and spring, characterized by lower temperatures and minimal daylight hours in temperate zones.

Optimal Cost

The lowest possible expense that can be incurred under specified conditions while achieving the desired objective.

Double-subscripted Variables

Variables that are identified by two subscripts indicating their position in a matrix, array, or a two-dimensional data structure.

Optimal Cost

The minimum expense required to achieve a specific goal or objective, often found in operations research and economic theory.