Reference no: EM132300477
1. The most significant WO? strategy(s) for Michael Kors would? be:
A. increase stores outside the United States by 20 percent.
B. produce a line of handbags under? $50.
C. Both A and B
D. produce two new lines of handbags that retail for over? $2,500.
2. Which of the following is the biggest threat for Michael? Kors?
A. Too dependent on the U.S. market
B. There is an increasing social stigma on people who shop for luxury watches and handbags
C. Interest rates remain low worldwide
D. All of the above
3. A pressing WT? issue(s) facing Michael Kors? is:
A. the firm is being sued for its social responsibility practices around the world.
B. men are increasingly becoming more? fashion-conscious.
C. Michael? Kors's brand name.
D. Both A and B
4. What action below would be considered an SO strategy for Michael? Kors?
A. Hire three new male executives.
B. Produce a line of cheap watches more accessible to the average person.
C. Divest of the handbag segment.
D. Open three new stores in Shanghai to capitalize on the growing upper class in the city.
5. Michael? Kors's overall ethical stance will likely have what effect for the? company?
A. Foster an environment where employees are proud to work for Michael Kors
B. Cost significantly more than the nontangible benefits Michael Kors receives
C. Both A and B
D. Michael Kors has a poor track record on? women's rights.