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Mademuasel [1]
3 years ago
6

A strategy is: Multiple Choice an action plan to maximize rewards in the current period in return for big risks. a procedure for

allocating resources among functions in the organization. an action plan to achieve specific long-term goals and objectives. an action plan to achieve specific operational and tactical goals. a vision of the future of an organization.
Business
1 answer:
Strike441 [17]3 years ago
8 0

Answer:

An action plan to achieve specific long term goals and objectives. based on the plans formed later resources are allocated. But initially long term goals and objectives are to be framed which is the main objective of strategic planning.

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Explanation:  Limited marketing strategy refers to the marketing strategy in which the organisation tries to target a specific set of customers from a target market rather than everyone.

These are opted by organisation that have unique features in the product they are offering or have specialization in a specific product among others.

      In the given case, Shelly has expertise in making bakery products but her cupcakes gets special attention from the customers.

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How does the use of new technology in industry benefit producers more so than consumers?
katen-ka-za [31]

The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."

With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.

With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.

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Hence, the use of new technology in industry has benefited producers more so than consumers.

To learn more about the producers and consumers here:

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Explanation:

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