Which of the Following Is a Suitable Course of Action

question 65

Multiple Choice

Which of the following is a suitable course of action that Capricus Leathers should initiate?

• A)It should make a heavy resource investment to rescue Tango.
• B)It should open new production facilities to fuel the growth of Tango.
• C)It should withdraw both the products and introduce a new brand in the market.
• D)It should increase the production of both the products to gain more market share.
• E)It should phase out Tango if it is not needed to complement Indigo.

Recognize various exit strategies for business owners and their applicability based on the business context.

Understand Maslow's hierarchy of needs and its application in business and management.

Identify the key stages of business growth and the challenges associated with each stage.

Understand the concept of task overload and its impact on employee performance.

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Definitions:

Shock

A sudden and often intense disturbance of the mind, emotions, or sensibility due to a traumatic event or unexpected news.

Informational Value

The usefulness or relevance of data or information in decision-making or problem-solving processes.

Classical Conditioning

A habituation method wherein two stimuli are systematically paired together; as a result, a response initially stimulated by the second stimulus is later elicited by the first stimulus on its own.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with a significant stimulus.