New Ideas (Scenario)
Although New Ideas, Inc., has been in business for 30 years, the company and its employees seemingly have been in a constant state of change. Louai has been President of New Ideas, Inc. for the last 15 years. During this time, he has had to change the strategic focus of the company three times. The employees have become vocal recently about the decrease in their bonus checks and their desire for increased profits. It seems as though his competition is always introducing new products into the market, and New Ideas, Inc.'s niche products are constantly changing. Moreover, the government has been active in passing new legislation to increase the control of the product packaging and product contents. The technology used to manufacture the products has continually changed to make the process more efficient.
-The technology change in the manufacturing process of New Ideas, Inc.'s products to make the process more efficient is the result of a competitor lowering its price. Therefore, it was a(n) ________.
A) marketplace force of change
B) external force of change
C) economic force of change
D) internal force of change
Correct Answer:
Verified
Q104: Farid's Donuts (Scenario)
Since the integration of two
Q105: _ actively and enthusiastically support new ideas,
Q106: The Municipality Job (Scenario)
Kamil was getting accustomed
Q107: The Practice (Scenario)
Rana works for an ophthalmologist's
Q108: The Practice (Scenario)
Rana works for an ophthalmologist's
Q111: The Municipality Job (Scenario)
Kamil was getting accustomed
Q112: Farid's Donuts (Scenario)
Since the integration of two
Q113: Farid's Donuts (Scenario)
Since the integration of two
Q114: The Practice (Scenario)
Rana works for an ophthalmologist's
Q116: Fawzi's Situation (Scenario)
Fawzi was not handling the
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