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Refer to the Scenario Below to Answer the Following Questions

question 69

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Refer to the scenario below to answer the following questions.
A New Subsidiary (Scenario)
Philip works for a large multinational corporation with offices in 23 countries, 64,000 employees worldwide, and $8 billion in annual sales. The company was involved in several different industries: automotive parts, rapid transit systems, and recreational vehicles. Philip is the executive vice-president of new technology ventures.
Philip wants you to investigate and potentially launch a business focusing on alternative energy systems. The first area you are to explore is the potential business opportunity of ocean tidal energy. You are to explore what technology already exists that can be exploited, what additional technology development is needed, and figure out the viability of the tidal energy as an entrepreneurial venture.
-It is rumoured that Philip has been directed to develop this business for the overall good of the planet, as a way of contributing to the turnaround of greenhouse gas and oil consumption issues. The company would be set up as a public trust, with all profits either returned back to the organization for further development or donated to specific organizations such as the Bill and Melinda Gates Foundation. If so, this would then become a ________________ venture.


Definitions:

Heart Attack

A medical condition occurring when the blood supply to a part of the heart is interrupted, causing heart muscle damage or death.

Obsessive Doubts

Recurrent, persistent thoughts or impulses that are unwanted and cause significant anxiety or distress.

Right Decision

The act of making a choice that is deemed correct or best after considering all relevant information and potential outcomes.

Psychodynamic Therapies

A group of therapies derived from psychoanalytic theory, focusing on unconscious processes and unresolved conflicts from childhood.

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