Zing Inc. is a large fashion brand that manufactures clothing and shoes. The top managers of Zing have decided to use the profits from its clothing outlets to invest in the shoes business. This scenario illustrates the _____ component of a strategy.

According to my research on different business strategies, I can say that based on the information provided within the question this scenario illustrates the resource deployment component of a strategy. This is the process of a business optimizing the utilization of resources across the organization, by finding new uses for resources that are otherwise not being used fast enough. Which is what they are doing in this situation by using resources that were not being used fast enough, which in this case is money, to invest in a new business.

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chilljain33 chilljain33 · Answer 2 · 2022-02-09T07:39:05+01:00

The correct statement is that the decision of Zing Inc. to utilize clothing business profits into shoes business illustrates the resource deployment component of a strategy.

The resource deployment strategy has been used by the corporation to be able to sustain its multiple business verticals having less availability of funds.

What is Resource Deployment?

Resource Deployment refers to such adoption of strategy where the firm uses excess funds from one business segment into another business segment to grow such segment.

Such strategy is adopted by firms for making entry into new business verticals or to source its funds to expand the segment such resources are deployed into.

Hence, the correct statement is that Zing Inc. has used the resource deployment component of strategy when the management decides to fund its shoes business with its clothing business.

Learn more about resource deployment here:

https://brainly.com/question/12981492