Pluto Inc.,a large manufacturer of desktops and laptops,has decided to enhance revenues by expanding its product line.It has identified the tablet market as a possible market to expand and has identified Compco Inc.as a potential competitor.Pluto Inc.is currently in the ________ stage of the strategic management process.

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Pluto Inc. is in the strategy formulation stage, as it is identifying a potential market and evaluating a potential competitor. Strategy formulation involves analyzing the company's internal and external environment to identify opportunities and threats, and then developing and selecting strategies to pursue those opportunities and address those threats.

Pluto Inc,A Large Manufacturer of Desktops and Laptops,has Decided to Enhance