Dinesh manages a division of a sporting goods manufacturer. He attends a conference and receives advice from four experienced managers. Based on what you have read, which of the following pieces of advice should Dinesh take?
A) "Make the company a global organization so it can benefit from emerging markets."
B) "Make the company a local organization so it can be protected from new competitors."
C) "There will always be competitors, so focus on long-term demographic trends instead of worrying about the competition."
D) "There will always be demographic changes, so focus on beating competitors instead of analyzing customer trends."
Correct Answer:
Verified
Q1: When new competitors enter an industry, prices
Q2: The set of forces and conditions that
Q3: Which of the following is part of
Q4: Antonio is a management consultant. He is
Q6: Most profit-oriented organizations are threatened during economic
Q7: While the typical organization in the United
Q8: A government imposes tariffs on imports to
Q9: Global Blenders sells goods and services that
Q10: A shift in the age distribution of
Q11: The wide-ranging global, economic, technological, sociocultural, and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents