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?

• A)"A"
• B)"B"
• C)"C"
• D)"D"
• E)"C" and "D"

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Definitions:

Personality Factors

Traits or characteristics of an individual's personality that influence their behavior in various settings, including leadership.

Trait Approach

The perspective in leadership research that leaders possess inherent qualities or attributes distinguishing them from non-leaders.

Traits

Inherent characteristics or qualities that influence an individual's behavior and can affect their ability to lead.

Situational Factors

Elements that influence the effectiveness of a particular leadership style or management approach, depending on the context or environment.