Suave and Debonair, Inc

Multiple Choice

Suave and Debonair, Inc., a chain of men's clothing stores, is facing increased competition. CEO Pablo Espinosa has tried several tactics-all unsuccessful-to influence his business environment: slashing prices, offering seasonal promotions to smooth out sales, contracting with wholesalers in advance of seasonal rushes to prevent inventory depletion, and appointing the president of the chamber of commerce in his state to his board of directors. Now, Pablo is considering a more significant change to his business-perhaps acquiring a formal wear/tuxedo rental and retail business or a boutique Western wear store to add to his business portfolio. Pablo is now considering ________ as a tactic to manage the business environment.

A) independent action
B) domain selection
C) cooptation
D) buffering
E) smoothing