Foodies, a food manufacturing company, made plans to either open a new outlet in Berylia, a country where the majority are low-income families, or Erbia, a country where the majority of the people belong to high-income families. They finally decide to open a new outlet in Berylia, by offering products with reduced cost as the demand for their product is greater in Berylia. This scenario is an example of _____ in defining a strategy.

Foodies, a food manufacturing company, made plans to either open a new outlet in Berylia, a country where the majority are low-income families, or Erbia, a country where the majority of the people belong to high-income families. They finally decide to open a new outlet in Berylia, by offering products with reduced cost as the demand for their product is greater in Berylia. This scenario is an example of _____ in defining a strategy.



a.
making trade-offs
b.
creating fit among activities
c.
choosing a set of activities
d.
developing objectives


Answer: a


Learn More :