Question
1. Jane owns and operates a small business that sells vintage clothing online through an Amazon marketplace and also assembles and delivers meal kits to
1. Jane owns and operates a small business that sells vintage clothing online through an Amazon marketplace and also assembles and delivers meal kits to home-bound, elderly individuals. Which of the following best describes how strategy relates to Jane's business?
A. With a smaller business, Jane can afford to just focus on functional strategies alone.
B. Jane should focus most of her strategic attention on how to operate more efficiently.
C. Jane has to make decisions related to both competitive strategy and corporate strategy.
2. Carter's Conglomerate Corporation (CCC) once operated In the US and Canada manufacturing and selling goods through home centers (e.g. Home Depot, Lowe's). CCC offered retailers CCC-branded lawn mowers, power tools, portable generators, plumbing fixtures, and gas grills. In 2022, CCC sold off the lawn mower and power tools divisions, closed their Canadian division, streamlined their supply chain by reducing the number of vendors, hired more customer service agents, and began selling a line of gas grill products direct to consumers through the Internet. In which of the following components of competitive strategy did CCC make a change in 2022? (Select one or more)
A. Product Focus
B. Geographic Market Focus
C.Target Customers
D Value Proposition
E. Business Model
(the answer is not all of them)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started