The Executives at Red Couture Inc

question 95

Multiple Choice

The executives at Red Couture Inc.are developing strategic plans to address plausible future situations like rise in the prices of cotton and synthetic fabrics by 20 percent, appreciation in the value of dollar, increase in the cost of labor by 30 percent, and increase in demand for the company's products.By doing so, the company will be well-prepared with its planned responses if any of these situations occurs in the future.Thus, Red Couture is employing _____ as the approach to the development of strategy.

• A) scenario planning
• B) top-down strategic planning
• C) reverse engineering
• D) pattern recognition

---

Definitions:

Tactile Stimulation

The use of touch or physical contact to elicit responses or sensations, important for human development and can impact emotional and physical health.

Gustatory

Relating to the sense of taste and the perception of flavors.

Vestibular

Related to the inner ear system responsible for balance and spatial orientation.

Fast Fibers

Sensory receptors in skin, muscles, organs, and membranes around both bones and joints; these myelinated fibers quickly convey intense sensory input to the brain, where it is perceived as sharp, immediate pain.