Miranda Fashions competes in the fast-changing world of fickle teenage apparel tastes. To manage this uncertainty, Miranda Fashions typically puts out several new apparel offerings in small quantities to get customer reaction and once customer preferences are clear, it invests heavily to go all out. The option that Miranda Fashions uses is called a ________ option.
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stepping-stone |
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scouting |
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staged |
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positioning |
Stepping stone
It is used to check the initial solution and ensure if it is optimal or not and once the initial solution is approved the organization can go on for the next stages as well and this is the way Miranda Fashions is using here.
Miranda Fashions competes in the fast-changing world of fickle teenage apparel tastes. To manage this uncertainty,...