Foodies, a food manufacturing company, made plans to either open a new outlet in Berylia, a country where the majority are low-income families, or Erbia, a country where the majority of the people belong to high-income families. It finally decides to open a new outlet in Berylia by offering products with reduced cost as the demand for its product is greater in Berylia. This scenario is an example
of _____ in defining a strategy.
A) making trade-offs
B) creating fit among activities
C) choosing a set of activities
D) developing objectives
A
Business
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________ is defined as the process of describing a dataset by computing a small number of statistics that characterize various aspects of the data.
a) Data normalization b) Data mining c) Data analysis d) Data coding
Business
A working interest in an oil and gas partnership entitles the holder to:
I. a portion of the revenue. II. responsibility for part of the expense of extraction. III. royalty interest in the revenue. IV. royalty interest in revenue after deducting certain expenses. A) II and IV. B) I and III. C) I and II. D) III and IV.
Business