Ian Is a Plant Manager in a Multi-Site Corporation

question 36

Multiple Choice

Ian is a plant manager in a multi-site corporation.He often deals with situations involving new customers and new products.These are often ________.

• A)non-linear problems and risky decisions
• B)structured problems and programmed decisions
• C)uncertain problems and linear decisions
• D)unstructured problems and unprogrammed decisions

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Definitions:

Industry Trends

Refers to the prevailing directions or developments in any given industry, often determined by consumer behavior, technological advancements, and regulatory changes.

Competitors

Entities, either companies or individuals, that compete in the same industry or market for customers.

Situation Analysis

An assessment of an organization's internal and external environments to understand its capabilities, customers, and business climate.

Marketing Plans

Strategic documents that outline a company’s strategy for promoting its products or services.