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Question : Case Study: XYZ Manufacturing Company (Continued)

The next step XYZ Manufacturing Company should take after evaluating alternative courses of action is:

 

Option 1: Selecting an alternative
    

Option 2: Developing premises
 

Option 3: Setting objectives and goals

   

Option 4: Allocating resources


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Selecting an alternative
    


Solution : The correct answer is (a). Selecting an alternative

Once the company has assessed various courses of action, it needs to make a decision on which alternative aligns best with its objectives, goals, and overall strategic plan. Selecting an alternative sets the direction for further planning activities, including developing premises, setting specific objectives and goals, and allocating resources accordingly. Making a well-informed decision at this stage is crucial for the successful execution of the chosen course of action for the new line of smart home appliances.

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