Technology Strategy Formulation:

$$ Based on the selected company strategy, formulate a technology strategy for the

factory.

$4-$ Factory Capabilities Evaluation:

$$ Discuss how you would initially evaluate the capabilities of the factory, considering:

o Current technological assets and infrastructure.

o Skills and competencies of the workforce.

o Process efficiency and quality control measures.

o Any gaps between current capabilities and those required for the chosen

technology strategy.

$5-$ Technology Management Activities:

$$ Specify the technology management $($TM$)$ activities that will lead to achieving the

technology strategy.

$6-$ Decision Explanation and Presentation:

$$ Prepare a $5-$minute presentation explaining all your decisions related to the

company and technology strategies, evaluation of factory capabilities, and planned

TM activities.

$$ Your presentation should be concise, engaging, and include visual aids $($e$.$g$.,$ slides,

charts$)$ to support your analysis and strategy proposal.

$)$ Sustainability and environmental stewardship.

Justification: The video has highlighted the company's commitment to environmentally friendly manufacturing processes, such as recycling materials, reducing waste, and reducing carbon emissions.

This is in line with the plant's overarching goal to promote sustainability and environmental stewardship.

By prioritizing this strategy, the company not only fulfills its corporate social responsibility, but also differentiates itself from competitors by attracting environmentally conscious consumers and complying with increasingly strict environmental regulations.

Focusing on sustainability leads to long$-$term cost savings by reducing resource consumption and reducing environmental responsibilities.

Strategy Choice: Sustainability and Environmental Stewardship.

Focus on environmentally friendly operations.

Commitment to recycling, reducing waste and reducing carbon emissions.

Compatibility with corporate social responsibility.

Competitive advantage with environmentally conscious consumers.

Compliance with environmental regulations.

Potential cost savings through resource efficiency and reduced liability.

$$ Step $2$

Here's why other options aren't suitable on notes from the video:

a$)$ Operational excellence: While operational efficiency is important, the primary focus of a waste recycling company seems to be on environmental sustainability rather than just cost reduction.

b$)$ Product innovation: While innovation may play a role in improving recycling technologies, the primary focus in the video is likely to be on the process of recycling materials rather than developing new products.

c$)$ Market response: Although responding to market demands is essential, the nature of the recycling process may not allow for great flexibility in the types and scope of production, as recycling often depends on the waste materials available.

d$)$ Quality leadership: While quality is important, the main focus of a waste recycling company seems to be on sustainability and environmental stewardship rather than just product quality.

f$)$ Intimacy with customers : While under