Changing a Strategy to Fit an Existing Culture

question 101

Multiple Choice

Changing a strategy to fit an existing culture

• A) is usually less effective than changing a firm's culture to fit a new strategy.
• B) is usually more effective than changing a firm's culture to fit a new strategy.
• C) is just as effective as changing a firm's culture to fit a new strategy.
• D) is always the best option.
• E) none of the above

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Definitions:

Stock Brokerage

Firms that act as intermediaries between investors and securities exchanges, facilitating the buying and selling of stocks.

People Management

The practice of recruiting, training, and overseeing employees in a workplace to maximize their performance.

Services

Intangible products provided to consumers, such as repairs, entertainment, or consultation, which do not result in ownership of anything physical.

Customer Experience Management

The method of creating and responding to interactions with customers in a way that fulfills or surpasses their expectations, aiming to boost satisfaction, loyalty, and support among them.