The Strategic Goal Set Forth by Central Ice Machine Company

question 22

Multiple Choice

The strategic goal set forth by Central Ice Machine Company was to be the leading seller of ice machine replacement parts in the United States.As part of its ____ plan,it set up distribution contracts with six manufacturers of refrigeration units.

• A) strategic
• B) tactical
• C) long-range
• D) contingency
• E) integrated

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Definitions:

Core Competency

Fundamental strengths or unique advantages that give a business a competitive edge over others in its industry.

Area

A specific geographical region or a segment of space designated for a particular purpose or characterized by a unique feature.

Example

An example serves as a representative case, scenario, or specimen that illustrates a general principle, concept, or method.