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Paul [167]
3 years ago
5

The production head at the canned juice unit of True Candy Inc. would frequently stay back after office hours and experiment wit

h new organic hard candy flavors even though this was part of the new product development team's job. As a result of these experiments, he came up with two new flavors of organic hard candy, raspberry-apricot, and strawberry-apple. After rigorous test marketing, which proved that the market would accept the new candy, the product variants were successfully launched. Which of the following strategies does this scenario best illustrate?
a. Unrealized strategy
b. Emergent strategy
c. Tactical strategy
d. Intended strategy
Business
2 answers:
Brilliant_brown [7]3 years ago
4 0

Answer:

B. Emergent strategy

Explanation:

The scenario illustrate emergent strategy.

Emergent strategy: It can also be called "realized strategy". It refers to the pattern of action developed over time by a firm in the presence of absence of specific mission and goals. It implies that an organization is learning what works in practice.

Emergent strategy can be defined as a set of actions, or behavior, consistent over time that was not intended. It is a strategy that develops when an organization takes a series of actions that becomes a consistent pattern of behavior with time.

Emergent strategy involves strategic and tactical changes which responds to events as they arises.

Leokris [45]3 years ago
3 0

Answer:

Emergent Strategy

Explanation:

Mintzberg defines emergent strategy as an action outside the original or defined plan of an organization that is consistently carried out over a period of time in order to achieve a particular set goal.

It allows flexibility in operation and production processes as it permits new innovation . Employees moral are boosted and work culture improved.

The production head commitment to new organic hard candy flavor experiment despite the fact that it was out of his scope of work is a typical illustration of Emergent strategy

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Oxana [17]

Answer:

communicating with persons outside of the organization

drafting, laying out, and specifying technical devices, parts, and equipment

making decisions and solving problems

thinking creatively

4 0
3 years ago
Read 2 more answers
The financial statements of Burnaby Mountain Trading Company are shown below. Income Statement 2017 Sales $7,000,000 Cost of Goo
vova2212 [387]

Answer:

d. 2.83

Explanation:

Note: The financial statement in the question are merged together. They are therefore sorted before answering the question. See the attached excel file for the full question with the sorted financial statement.

The explanation to the answer is now as follows:

The current ratio is a liquidity ratio that is used in measuring whether a company has adequate resources to meet its short-term obligations or pay its liabilities from its current assets.

The current ratio provides a comparison current assets to current liabilities of a company and it can be calculated using the following formula:

Current ratio = Total current assets / Total current liabilities ................. (1)

From the 2017 balance sheet of Burnaby Mountain Trading Company, we have:

Total current assets = $1,700,000

Total current liabilities = $600,000

Substituting the values for Total current assets and Total current liabilities into equation (1), we have:

Current ratio = $1,700,000 / $600,000 = 2.83

Therefore, The firm's current ratio for 2017 is <u>2.83</u>. That is, the correct option is option d. <u>2.83</u>.

This indicates that the firm has more than enough current assets to pay off 2.83 or 283% of its current liabilities.

Download xlsx
4 0
2 years ago
Why does life have to be hard?
Misha Larkins [42]

Answer:

Life is hard because life needs to know if you're willing to fight. Willing to be strong when life is 'hard'. The second that you prove yourself with one challenge, another challenge show's up. Don't let life get you down. Be grateful for all you have. Live as if it's your last day. :>

Explanation:

7 0
2 years ago
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Can the government require a company to recall a product if they believe it is harmful to consumers?
Ymorist [56]

Answer:

A.Yes. They have the power to remove it if they believe it’s harmful.

Explanation:

When the government have reasons to believe that a product is potentially harmful to consumers and or buyers, they have the right to require a company to recall a product, if they believe it is harmful to consumers, because it is then the governments responsibility to protect the public.

3 0
2 years ago
How can you assist the ProServices team in serving Pro customers in your
horrorfan [7]

Answer:

<h2>ProServices Team and Pro Customers</h2>

Assisting the ProServices Team in serving Pro customers in my department.  Here I have assumed that my department manages and coordinates the relationship with Pro customers:

A. Pull orders for Pro customers in advance and have them ready to pick-up

B. Call Pro customers to maintain relationships and proactively seek out business

C. Monitor inventory levels to make sure key Pro items are in-stock

D. Price match other retailers to give Pro the best price

E. Identify pro customers and introduce them to the ProServices team​.

Explanation:

“Pro” customers are a group of independent contractors, repair remodelers, specialty tradesmen, property management, and facility maintenance professionals who are afflicted to an organization offering ProServices.  They are not the end customers.  Between my organization and the customers, they are middlemen and women who are organized by my ProServices organization to offer specialty services to the general public in a professional manner that  guarantees customer satisfaction and payment to the professionals for services rendered.  In doing this, the ProService organization charges the Pro customers a fixed fee, which is deducted from the payments made by the end-customers.

8 0
2 years ago
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