A Company's Strategy Evolves Over Time as a Consequence Of

question 51

Multiple Choice

A company's strategy evolves over time as a consequence of:

• A) the need to keep strategy in step with changing circumstances,market conditions,and changing customer needs and expectations.
• B) the proactive efforts of company managers to fine-tune and improve one or more pieces of the strategy.
• C) the need to abandon some strategy features that are no longer working well.
• D) the need to respond to the newly initiated actions and competitive moves of rival firms.
• E) All of these.

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Definitions:

Incidence Rate

The rate at which new cases of a condition, disease, or event occur in a population over a specified period.

Asbestos Exposure

The inhalation or ingestion of asbestos fibers, which can lead to serious health conditions like mesothelioma or lung cancer.

Multiplicative Scale

A measurement scale where units are exponentially related, often used in contexts where growth or change occurs at constant rates.

Effect Measure Modifier

A variable that alters the magnitude or direction of the association between an exposure and disease outcome.