A Company's Realized Strategy Evolves from One Version to the Next

question 83

Multiple Choice

A company's realized strategy evolves from one version to the next due to

• A)changing management direction because of understanding several appealing strategy alternatives.
• B)the proactive efforts of company managers to improve the current strategy, a need to respond to changing customer requirements and expectations, and a need to react to fresh strategic maneuvers on the part of rival firms.
• C)ongoing turnover in the managerial and executive ranks (new managers often decide to shift to a different strategy).
• D)pressures from shareholders to boost profit margins and pay higher dividends.
• E)the importance of keeping the company's business model fresh and up-to-date.

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Definitions:

Appendix

A supplementary section at the end of a document, book, or article, containing additional information or data.

Controversial

Something that provokes disagreement or debate due to differing opinions or reactions.

Package Proposal

A comprehensive offer or plan, typically in a business context, that bundles various components or services together.

Appendix

A section at the end of a document containing additional information that is important but not integral to the main text.