Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Discuss these questions based on the Lexus company releasing a million dollar yacht. Are there any elements of external environmental scanning that they may have
Discuss these questions based on the Lexus company releasing a million dollar yacht.
Are there any elements of external environmental scanning that they may have overlooked when releasing a yacht?
What competitive advantage might Lexus be leveraging with this venture?
What are the risks of the diversification strategy in this situation?
Does this strategic move make sense to you?Why or why not?
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