Polaris Industries manufactures all-terrain vehicles (ATVs).  Since 1998, the company has turned out innovative products that have pushed it to the Number 2 spot in the industry against such tough competitors as No. 1 Honda Motor and Yamaha Motor.  What caused the growth of the company was its new CEO Tom Tiller, who left a promising career at GE to take the reins at Polaris.  Despite a growing national movement to highlight the environmental and safety problems posed by ATVs, the company is thriving.  Under Tiller's leadership, the company's net profits have grown from $31 million in 1997 to an estimated $135 million in 2005.  Supporting this program has been a series of innovations including the Ranger utility, which is a cross between a Jeep and a golf cart, and the Predator, an ATV aimed at both the sports and the recreation markets. Polaris would have used a(n) _____ to determine how environmental and safety concerns were affecting the company’s sales.   A. competitive audit   B. situational analysis   C. strategic analysis   D. firm-level audit   E. environmental assessmen

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Polaris Industries manufactures all-terrain vehicles (ATVs).  Since 1998, the company has turned out innovative products that have pushed it to the Number 2 spot in the industry against such tough competitors as No. 1 Honda Motor and Yamaha Motor.  What caused the growth of the company was its new CEO Tom Tiller, who left a promising career at GE to take the reins at Polaris.  Despite a growing national movement to highlight the environmental and safety problems posed by ATVs, the company is thriving.  Under Tiller's leadership, the company's net profits have grown from $31 million in 1997 to an estimated $135 million in 2005.  Supporting this program has been a series of innovations including the Ranger utility, which is a cross between a Jeep and a golf cart, and the Predator, an ATV aimed at both the sports and the recreation markets.

Polaris would have used a(n) _____ to determine how environmental and safety concerns were affecting the company’s sales.

  A.

competitive audit

  B.

situational analysis

  C.

strategic analysis

  D.

firm-level audit

  E.

environmental assessment

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