You Are the Manager in Charge of Setting the Strategy

question 81

Multiple Choice

You are the manager in charge of setting the strategy for a new frozen yogurt company. Which of the following questions would be appropriate for you to ask during the analysis phase of the AFI strategy framework?

• A) Should we open our first location in Los Angeles or New York City?
• B) How have consumer preferences in frozen yogurt flavors changed in the last five years?
• C) Should we be competing nationally or internationally?
• D) Can we secure relationships with enough organic dairy farmers to meet our commitment to using the healthiest ingredients?

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Definitions:

Job Performance

The effectiveness with which job incumbents execute the required duties of their positions within an organization.

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual that are consistent over time and across situations.

Exit-Voice-Loyalty-Neglect

A framework describing how people respond to dissatisfaction within organizations, where exit means leaving the organization, voice means attempting to change the conditions, loyalty means remaining loyal despite issues, and neglect involves reducing work effort.

Previous Experiences

Past events or occurrences that an individual has encountered, which influence their perceptions, behaviors, and decision-making in the present.