SmartToy Corporation's current market strategy is to gain a larger share of the high-end toy market by integrating IBM's AI, named Watson, into its teddy bears. The new line of AI enhanced teddy bears is a hit. SmartToy's market share increases fivefold. This is an example of the company's ________.

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TonnyB7405 TonnyB7405

15-04-2020
Business

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SmartToy Corporation's current market strategy is to gain a larger share of the high-end toy market by integrating IBM's AI, named Watson, into its teddy bears. The new line of AI enhanced teddy bears is a hit. SmartToy's market share increases fivefold. This is an example of the company's ________.

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Parrain Parrain · Answer 1 · 2020-04-15T05:33:23+02:00

Answer: E. Effectiveness

Explanation:

Organizational Effectiveness is a life or death concept for a company. It can mean dominance or regression.

Organizational Effectiveness refers to how thoroughly and efficiently an Organization can meet the goals that it has set for itself.

It involves setting clearly defined goals and implementing proper strategies to achieve said goals. This is what SmartToy did in that they had the Goal of Market Share Increase and developed a product to get them there.