Question
Which is an example of a business that failed because of strategic issues?
A. a food truck that lost money to employee theft
B. a food truck that parked away from crowded areas
C. a food truck that was started by two real estate agents
D. a food truck that couldn't earn enough to pay its suppliers
A. a food truck that lost money to employee theft
B. a food truck that parked away from crowded areas
C. a food truck that was started by two real estate agents
D. a food truck that couldn't earn enough to pay its suppliers
Answers
GPT-4o mini
B. a food truck that parked away from crowded areas
This example illustrates a strategic issue because the location of a food truck is crucial to its success. Parking away from crowded areas would likely result in lower foot traffic and, consequently, reduced sales, reflecting a poor strategic decision regarding market positioning.
This example illustrates a strategic issue because the location of a food truck is crucial to its success. Parking away from crowded areas would likely result in lower foot traffic and, consequently, reduced sales, reflecting a poor strategic decision regarding market positioning.