Which of the following factors, listed in a situation analysis for a major U.S. auto manufacturer, is the best example of an opportunity?
A. Due to outdated engine technology, the company's cars get lower gas mileage than those of major competitors.
B. Recent consumer studies have indicated that Chinese consumers prefer American cars.
C. The company has lower manufacturing costs than its key competitors, allowing it to sell its cars at low prices.
D. A New York law firm has filed a $10 million class action suit against the company on behalf of car owners whose gas tanks exploded.
E. The factory that manufactures a new, popular car cannot build enough vehicles to meet the demand, while other factories have excess capacity.
Answer: B
You might also like to view...
Theoretically, in the ______________________________ approach to manufacturing, each job consists of a batch of one unit
Fill in the blank(s) with correct word
Service-oriented companies have different needs than product-oriented companies when analyzing financial statements. Required: Why is this true? Give an example of a financial ratio that is meaningless to a service business
What does the fixed overhead volume variance measure?
What will be an ideal response?
Determining your BATNA and ZOPA will help you in negotiations because:
A) the process will be delayed and you may be able to wear the buyer down B) you will have a leg up on buyers, who are restricted from performing these assessments C) you will only make the sale if your BATNA determination matches your buyer's exactly D) they determine the best fair price for a product based on economies of scale in production E) they tell you what you will be willing to accept before you walk away from the negotiation