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

question 4

Multiple Choice

A company's strategy evolves from one version to the next because of

• A) changing management conclusions about which of several appealing strategy alternatives is actually best.
• B) the proactive efforts of company managers to improve this or that aspect of the 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:

Individual Ability

Relates to the specific skills, talents, or capacities that distinguish one person from another.

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Conflicts and acts of violence motivated or justified by religious beliefs or affiliations.

Evangelical Fundamentalism

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Muslim Fundamentalism

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