Which of these strategic moves represents a trade-off?
A)Art Vandelay decides to quit exporting and focus just on importing.
B)Wealthy industrialist H.E. Pennypacker decides to open a silver mine rather than an iron mine.
C)J Peterman opts for delivery speed in lieu of product mix variety in his fall catalog.
D)Kenny Bania believes that they should change the name from Ovaltine to Roundtine.

Question

Quizplus · Accepted Answer

J Peterman is making a trade-off between delivery speed and product mix variety. By opting for faster delivery, he is sacrificing the variety of products offered in the fall catalog. The other options do not involve a clear trade-off. Art Vandelay is simply shifting focus within the same industry, H.E. Pennypacker is choosing between two different industries, and Kenny Bania's suggestion is not a strategic move with a clear trade-off.

Which of These Strategic Moves Represents a Trade-Off