Declining interest in domestic markets for traditional toys

Increased competition for mail order companies

Potentially strong demand in Germany and Scandinavia

Poor communications systems/limited technological skills

Use of wood ‑ seen as "good" for the environment

Location ‑ far from population centers/far from new markets

Reliable and committed workforce                                       

Decide if the following sentences are true or false:

1. Strategic management is a process, not a single event. 

8. Corporate strategy and strategic management are the same thing.

7. Strategic management is the same as having a strategic plan.