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Consider Figure 2-7 Above

question 48

Multiple Choice

Consider Figure 2-7 above.A Florida-based flashlight company has been extremely successful due in part to the number of hurricanes in Florida that result in a loss of power.The firm is thinking of expanding its product offerings to include other emergency supplies such as generators and survival kits.Before going ahead with this decision,there were several factors that had to be taken into consideration: (1) The firm has a great reputation with its flashlights and doesn't want to ruin it.(2) Its physical plant could be refitted relatively easily to make small generators,but it would be rather costly.(3) It would have to rely on another firm to manufacture and package the survival kits.(4) Although there are nine named hurricanes scheduled for the upcoming year,no one really can predict what will happen.The need to rely on another company to supply the survival kits would fall in which quadrant(s) of the SWOT analysis grid?

Definitions:

Communication Network

The structure through which information flows within an organization, including the formal and informal channels of communication.

Node

A point of intersection or connection within a network, system, or graph, often used in the context of data structures or network analysis.

Power Motives

The driving forces that compel individuals or entities to seek control, influence, or authority over others to achieve their goals.

Dancing with Elephants

Engaging or competing with significantly larger entities or competitors, often by being nimble or innovative.