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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:

Interviews

A method of gathering information by asking questions face-to-face, over the phone, or via digital platforms.

Stimulate

To encourage or provoke an activity or increase in functionality either physically or mentally.

Complete Data

Information that is fully comprehensive, lacking no relevant detail or element, often crucial for accurate analysis and decision-making.

Asynchronous Interactions

Communication that does not require both or all participants to be engaged in the exchange at the same time, such as emails or forum posts.