A large company that manufactures and supplies plastic bottl…

A large company that manufactures and supplies plastic bottles wants to acquire a smaller company. It plans to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns. In this scenario, large company is most likely using:

In addition to manufacturing and selling oral hygiene produc…

In addition to manufacturing and selling oral hygiene products, a manufacturer of oral hygiene products also focuses on educating its customers on oral hygiene and dental problems. All its employees are trained to answer questions and help customers with oral hygiene and dental problems. This has helped the manufacturer:

The chief operations officer of a company that manufactures…

The chief operations officer of a company that manufactures baby products formulates a plan on how the company’s newly launched products will serve its wide customer base and how it will deal with its competitors. In this scenario, chief operations officer has most likely contributed to developing the company’s:

The CEO of a theme park, plans to have branches of the theme…

The CEO of a theme park, plans to have branches of the theme park in 20 countries in 10 years’ time. To achieve this goal, CEO plans to set up branches in at least two countries by the end of each year. In this scenario, CEO’s plan to have branches of the theme park in 20 countries in 10 years’ time is an example of a:

A television manufacturer has been in the market for several…

A television manufacturer has been in the market for several years. Most television companies are now producing LED and smart televisions because they provide more utility and a better viewing experience compared to direct view televisions. However, this manufacturer has been reluctant to adopt new strategies, believing that its direct view televisions sold well when the company first started and will continue to sell the same way even if new competitors and better products enter the market. Which of the following concepts is illustrated in this scenario??