Which of the Following Is Not One of the Basic

question 16

Multiple Choice

Which of the following is not one of the basic reasons that a company's strategy evolves over time?

• A) The need on the part of company managers to initiate fresh strategic actions that boost employee commitment and create a results-oriented culture.
• B) The proactive efforts of company managers to fine-tune and improve one or more pieces of the strategy.
• C) An ongoing need to abandon those strategy features that are no longer working well.
• D) The need to respond to the actions and competitive moves of rival firms.
• E) The need to keep strategy in step with changing market conditions and changing customer needs and expectations.

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Definitions:

Small Businesses

Independently owned and operated companies with limited revenue and number of employees, serving local markets.

Failure Rates

The proportion or frequency at which a process, system, or product fails to perform its intended function.

New Businesses

Enterprises that have been recently established, entering the market with fresh offerings.