Question

In 2019, if Lisa Monroe decides that the market uncertainty for Seymour Semiconductors has reduced considerably while the high technological uncertainty continues, she should move the company to using ________ options.

Answer 1

The correct answer is C) grow.

Lisa Monroe's mandate that called for the company's future manufacturing plants to be built with the ability to add capacity at low cost gives Seymour Semiconductors the option to grow.

That is why Lisa Monroe, as the new CEO of the company, wants some innovative changes for the company to adapt to modern times, different consumers' necessities, and the fierce competition of other companies in the industry.

She made the decision to change the strategical approach of  Seymour Semiconductors. She has decided to lay off 1,000 employees. She has opted to hire temporary workers. With those decisions, she considers that the company will be able to grow again.

Answer 2

Answer:

Scouting option

Explanation:

Lisa has determined that marketing uncertainty has reduced but technological uncertainty is still prevalent.

To make the company competitive in regards to technology it can use technology scouting option.

This is an element of technology management that involves identification of emerging technology, channeling of technology related information into the organisation, and supports technology aquisition.

Technology scouting helps match external technologies to internal requirements for strategic purposes.

Lisa can use the scouting option to eliminate the technological uncertainty faced by Seymour Semiconductors.