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Which of the following actions of an automobile firm will be considered as a strategic commitment?

The firm spending $100,000 on renting a manufacturing facility to meet the temporary demand for its cars

The firm launching an existing model of a car in red as a limited edition for six months

The firm promoting its new model of coupe through a free Europe trip worth $15,000 to be won as an early bird offer

The firm investing eight years and $4 billion to develop a range of hybrid cars with which it will compete in the future

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92224518

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