In response to a scheme of subsidy by the state government, a company started manufacturing E-Vehicles. Some of the customers were not at ease with…

CA Intermediate · Financial Management and Strategic Management · PYQS · May 2025
In response to a scheme of subsidy by the state government, a company started manufacturing E-Vehicles. Some of the customers were not at ease with battery life and time consumed in recharging the battery. Some of the customers were apprehensive about frequent incidents of battery catching fire. All these resulted in half-hearted response from the customers in evolving EV market. Here, the customers' response is indicating towards which one of the limitations of strategic management?
(A) Environment is highly complex and turbulent.
(B) Strategic management is a time-consuming process.
(C) Strategic management is a costly process.
(D) It is difficult to estimate the competitive response to the firm's strategy.

Suggested Answer and Working Notes:

Correct Answer: Option (A)

Environment is highly complex and turbulent.

Topics: Part-A: Financial Management

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