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U Question 11 1 pts With the current financial problems the Executive team have acknowledged that budget and funding constraints will require that initiatives to

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U Question 11 1 pts With the current financial problems the Executive team have acknowledged that budget and funding constraints will require that initiatives to implement the new strategy will need to staged over a number of years. Taking this into consideration which of the following strategic initiatives would be the most appropriate for Year 1? None of the other possible Initiatives should be undertaken in Year 1 Purchase new plant and equipment Training of R&D staff on new product design techniques Increase advertising and marketing spend Training of all staff preparing them for organizational change Question 12 1 pts The Executive team agreed that they needed to be aware of any negative externalities as a consequence of this new strategy? From the list below can you identify a possible negative externality? Chemical residues from new production processes Obsolete machinery recycled for scrap metal Finished products that are different from competitors products Strategy commitment from employees Fimniwment of more staff from the local area

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