Pluto Inc,A Large Manufacturer of Desktops and Laptops,has Decided to Enhance

question 32

Multiple Choice

Pluto Inc.,a large manufacturer of desktops and laptops,has decided to enhance revenues by expanding its product line.It has identified the tablet market as a possible market to expand and has identified Compco Inc.as a potential competitor.Pluto Inc.is currently in the ________ stage of the strategic management process.

• A)strategy formulation
• B)strategy evaluation
• C)strategy execution
• D)strategy consultation
• E)strategy implementation

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Definitions:

Technological Strategies

Plans and actions implemented to leverage technology for competitive advantage and operational improvement.

Competitive Advantage

A condition that allows a company or country to produce goods or services at a lower price or in a more desirable fashion for customers than its competitors.

Organization's Culture

The shared values, beliefs, customs, and practices that influence the social and psychological environment of an organization.

Power

Refers to the ability or capacity of an individual or group to influence or direct the behavior of others or the course of events.