Mountain Home University Has Announced a Plan to Begin Offering

question 32

Multiple Choice

Mountain Home University has announced a plan to begin offering more graduate programs and off-site classes in nearby cities in order to become the largest provider of such programs in the region.This is their strategic intent.What should the university do next?

• A) Identify resources and capabilities to make this happen.
• B) Petition government agencies for permission to spread beyond its traditional markets.
• C) Reduce on-campus and undergraduate enrollments to divert resources to this new strategic initiative.
• D) Hire a new vice-president to head up the new effort.

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Definitions:

Aspartame

An artificial, low-calorie sweetener used in many soft drinks and food products as a sugar substitute.

Low-calorie

Describes food or beverages that contain a smaller amount of calories than what is considered typical or average.

Substitutes

Goods or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specified period.