The Faster a Company's Business Environment Is Changing Only Makes

question 10

Multiple Choice

The faster a company's business environment is changing only makes it imperative for strategy makers to:

• A) pay attention to early warnings of future change and be willing to experiment to establish a market position in the future.
• B) stay abreast of the changes by developing a comprehensive knowledge management system to monitor the environment.
• C) establish controls to ensure the impact of any changes is monitored appropriately and ensure the internal environment is maintained.
• D) align their decision-making with organizational unit objectives.
• E) develop financial objectives that reflect the implications of change and that meet the internal environment's functional focus.

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Definitions:

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