WGU D081 Task 2 Innovative and Strategic Thinking | Actual
study with complete solutions | A+ Graded | 2026 Updates |
100% correct
A. Discuss at least TWO potential risks that the company from the scenario
may encounter in entering the new market and describe the impact on the
company.
1. Financial loss is a potential risk that the company from the scenario may encounter in
entering a new market. Risks arise from investments an organization makes to pursue its
mission and objectives. A financial loss could be a potential risk if they make a significant
investment in India and fell short on designing a new foldable boat.
2. Another potential risk is if they do not secure the endorsement of the National Fisheries
Development Board (NFDB). The NFDB promotes the use of natural fishing equipment to
reduce disruptions to the fishing ecosystem in India. If the company does not design the new
foldable boat with at least 70% of the plastics used in India, they could lose a significant ally
in the NFDB.
B1. Conduct a SWOT analysis of the company in the scenario by identifying and
explaining at least two internal strengths.
1. Innovative employees-The founders have cultivated a company of employees that are like
family, that are collaborative, and that evaluate company decisions that ensures that they
are committed to the decisions. The company mission statement is “We will provide the
most innovative customer-driven design and growth in the industry.” So being innovative and
creative is an asset to this company and its goals.
2. By being the first foldable fishing boat manufacturer to expand into India, patents are
another strength that this company has. This boat will be the first of its kind in the country.
The fact that it folds into a carrying case to make transporting easier from home to the water
is an amazing product to expand in this market.
study with complete solutions | A+ Graded | 2026 Updates |
100% correct
A. Discuss at least TWO potential risks that the company from the scenario
may encounter in entering the new market and describe the impact on the
company.
1. Financial loss is a potential risk that the company from the scenario may encounter in
entering a new market. Risks arise from investments an organization makes to pursue its
mission and objectives. A financial loss could be a potential risk if they make a significant
investment in India and fell short on designing a new foldable boat.
2. Another potential risk is if they do not secure the endorsement of the National Fisheries
Development Board (NFDB). The NFDB promotes the use of natural fishing equipment to
reduce disruptions to the fishing ecosystem in India. If the company does not design the new
foldable boat with at least 70% of the plastics used in India, they could lose a significant ally
in the NFDB.
B1. Conduct a SWOT analysis of the company in the scenario by identifying and
explaining at least two internal strengths.
1. Innovative employees-The founders have cultivated a company of employees that are like
family, that are collaborative, and that evaluate company decisions that ensures that they
are committed to the decisions. The company mission statement is “We will provide the
most innovative customer-driven design and growth in the industry.” So being innovative and
creative is an asset to this company and its goals.
2. By being the first foldable fishing boat manufacturer to expand into India, patents are
another strength that this company has. This boat will be the first of its kind in the country.
The fact that it folds into a carrying case to make transporting easier from home to the water
is an amazing product to expand in this market.
