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
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.
