SmartToy Corporation's Current Market Strategy Is to Gain a Larger

question 70

Multiple Choice

SmartToy Corporation's current market strategy is to gain a larger share of the high-end toy market by integrating IBM's AI, named Watson, into its teddy bears. The new line of AI enhanced teddy bears is a hit. SmartToy's market share increases fivefold. This is an example of the company's ________.

• A) conformity
• B) effectiveness
• C) reliability
• D) efficiency
• E) competence

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Definitions:

Full-Time Equivalent Employees

A calculation used by organizations to represent the number of full-time workers by considering the hours worked by part-time employees.

FTEs

Full-time equivalents, a unit that indicates the workload of an employed person in a way that makes workloads comparable across various contexts.

Employee Views

The perceptions, thoughts, and feelings of employees regarding their work environment, organizational policies, culture, and management, significantly impacting their engagement and productivity.

HR Department

The division of a business that is charged with finding, screening, recruiting, and training job applicants, as well as managing employee-benefit programs.