Managers Must Be Prepared to Modify Their Strategy in Response

question 57

Multiple Choice

Managers must be prepared to modify their strategy in response to:

• A) changing circumstances that affect performance and their desire to improve the current strategy.
• B) competitor moves in the market and shifting needs of buyers.
• C) stagnating market and restrictive industrial opportunities.
• D) mounting evidence that the strategy is less effective.
• E) All of these.

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Definitions:

Dividend Prospects

The potential for future dividend payments from investments, often assessed to evaluate the attractiveness of stocks.

Future Interest Rates

Expected rates of interest in the future, affecting everything from loans to investments.

Abnormal Return

The difference between the actual return of an investment and the expected return based on the risk and market's overall returns.

Sales Increase

An upward movement in the quantity sold or the revenue generated from the sale of a product or service over a specific period.