Which of the Following Is a Valid Reason Why a Firm

question 4

Multiple Choice

Which of the following is a valid reason why a firm might pursue a flexible strategy?

• A)Flexibility is necessary to pursue first mover advantages.
• B)Organizational resources change.
• C)Performance is not acceptable.
• D)All of the above are valid reasons.

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Definitions:

Appraisals

Evaluations or judgments about the significance of what is happening to one's well-being.

Stressful Event

An incident or situation that causes significant pressure or anxiety, challenging an individual's ability to cope.

Frustration

The emotion experienced when one is irritated or displeased due to the inability to alter or accomplish a certain task.

Pursuit

The action of following or chasing after something or someone with the goal to catch or achieve it.