When Companies Find It Hard to Change Their Strategies and Structures

question 21

Multiple Choice

When companies find it hard to change their strategies and structures to adapt to changing competitive conditions,they suffer from

• A) inertia.
• B) prior strategic commitments.
• C) barriers to mobility.
• D) lack of resources.
• E) lack of capabilities.

---

Definitions:

Downsizing

The process of reducing the number of employees in an organization, often to cut costs or improve efficiency.

Effectiveness

The degree to which something is successful in producing a desired result, measured by the achievement of goals.

Adaptability

describes the capacity to adjust to new conditions, challenges, or environments, often necessary for personal growth or organizational survival.

Managed

The act of being directed or controlled by strategies and leadership towards achieving specific objectives.