“All companies must find ways to respond to rapidly changing markets,

QUESTION

“All companies must find ways to respond to rapidly changing markets, and sticking with one business strategy may be a sure path to failure.” Which of the following scenarios is most relevant to this argument?

A) A sports outfitter has just signed a contract with a local professional athlete. The outfitter wants to save its reputation when it finds that the athlete has tested positive for drugs.
B) TechCam, a maker of in-home security cameras, has found consumers confuse its products with those of Tekkam, a low-cost computer maker. TechCam is considering whether to change its name.
C) A community has been afraid of the nearby nuclear plant for quite some time. The community votes to fund a hydroelectric plant instead, putting the nuclear plant out of business.
D) A seafood restaurant must find a way to satisfy customers after an offshore oil spill affects local fisheries and makes people afraid to eat even nonlocal seafood.
E) A community college administrator notes that enrollment in its two-year nursing program is up, so additional faculty are hired for that program.

ANSWER

Answer: D
Explanation: D) The restaurant management must decide whether to change its vision and mission, its operations, its vendors, etc. One thing is certain: they will need to move fast and they will need to communicate their decisions to the public.