Walter Evans, the founder of IronRod Shipping Industry, suggested using the company diamond model to help counter the fierce competition in the market. Walter believes that this is a successful model that would create efficient work processes. He believes the model to be an all-purpose solution whether it is in terms of managing resources, prioritizing work, or acknowledging capabilities. Which of the following would strengthen Walter's suggestion to adopt the company diamond method?
A)Since the model relies exclusively on data provided by the company, Walter thinks that it will work in favor of the company.
B)Since the model avoids taking into account the company's weaknesses, it is more likely to be successful.
C)The model will only be fully successful if all employees comply to follow through.
D)The model will allow Walter to become fully aware of the limitations and assets of his company.

Question

Quizplus · Accepted Answer

Walter's suggestion to adopt the company diamond method would be strengthened if it allows him to become fully aware of the limitations and assets of his company. This knowledge will enable him to make more informed decisions to counter the fierce competition in the market. Option A is incorrect because relying exclusively on data provided by the company may not necessarily work in favor of the company, especially if the data is inaccurate or incomplete. Option B is incorrect because avoiding the company's weaknesses can lead to a myopic approach that does not address the root causes of the problems. Option C is incorrect because compliance alone is not sufficient to guarantee success; it requires a deeper understanding of the company's strengths and weaknesses through the model.

Walter Evans, the Founder of IronRod Shipping Industry, Suggested Using