Harrison Runs a Bicycle Manufacturing Company

question 101

Multiple Choice

Harrison runs a bicycle manufacturing company. Owing to increasing competition, his company starts losing its customer base. To regain its position in the market, Harrison keenly observes his competitors' business plans and strategies. Subsequently, he incorporates a change in his company's marketing strategy. Eventually, his company starts making profits. This is an example of _____.

• A) delegation
• B) suboptimization
• C) benchmarking
• D) brainstorming

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Definitions:

Testicular Cancer

Testicular cancer is a type of cancer that develops in the testicles, the male reproductive glands located in the scrotum.

Induration

The hardening of an area of the body tissue, often as a response to inflammation or injury.

Vesicles

Vesicles are small, fluid-filled sacs on the skin, often associated with viral infections like herpes or chickenpox.