NextQ9

Monish Ltd., was the market leader in the Mobile Phone industry in 2000. The company was well known for its affordable phones. In 2007, a new company launched new Mobile models with latest technologies and captured the market. Monish Ltd., did not expect this and lost the entire market share and had to close their operations. Which of the following SWOT analysis framework does this case indicate that Monish Ltd., failed to do?

Creativity & InnovationStudy Simplify SpecialPYQ1MCQCase_Based
Question 8
Passage
Riya was not interested in continuing her family business of making clay pots. However, due to the declining condition of the business, she decided to take it up. She began exploring innovative uses of clay. One day, while attending a school event, she heard the principal complaining about the large use of plastic cups and plates during functions. This gave her an idea to create eco-friendly disposable clay cups and plates. She discussed the idea with her mentor, who advised her that creative ideas should be turned into a commercially valuable forms in order to survive and grow.
Question 11MCQCase_Based
Identify the correct option discussed in the above situation.
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