Question

Cisco is a technology company looking to diversify its portfolio and compete in a new market. After conducting a scan and forecast, the consultants hired by Cisco provided several options. In which of the following economic segments should Cisco seek to compete?
a. A very stable economy with low growth potential
b. An unstable, new economy that has an attractively high-growth potential
c. A stable economy with a declining growth potential
d. A relatively stable economy with strong growth potential

Answer 1

The segment that Cisco seek to compete is the relatively stable economy with strong growth potential

Explanation:

The direction in which the company may compete or the nature in which the company may compete or not is called as the economic segment the interest rates the trade deficits the surplus the individuals involved in the business are all included

There are many segmentation analysis and the research is done to analyse the performance of the company and it will include all the factors of the competing environment