Answer: As the CEO of a home appliance manufacturing company, it lies upon us to work thoroughly while reviewing our company's strategy.
If, while comparing our stock market valuation to that of our closest competitor, we note that our firm is currently valued at $50 billion, while our competitor is valued at $40 billion, even then we shouldn't work hastily and ponder upon any conclusion.
In such situation it'll be better if we, compare the current valuations with past valuations to determine if we can find a trend. We should first analyze on what made us more competitive, as this strategy will help us to sustain longer in the market.
Answer:
As the CEO of a home appliance manufacturing company, it lies upon us to work thoroughly while reviewing our company's strategy.
If, while comparing our stock market valuation to that of our closest competitor, we note that our firm is currently valued at $50 billion, while our competitor is valued at $40 billion, even then we shouldn't work hastily and ponder upon any conclusion.
In such situation it'll be better if we, compare the current valuations with past valuations to determine if we can find a trend. We should first analyze on what made us more competitive, as this strategy will help us to sustain longer in the market.
Explanation:
