In a strategy evaluation, corrective actions are almost always needed, except when ___________.
(i) External and internal factors have not significantly changed;
(ii) External factors have significantly changed, but internal ones have not:
(iii) The firm is progressing satisfactorily toward achieving stated objectives;
(iv) Internal factors have significantly changed, but external ones have not.
A) iii and iv
B) only ii
C) i and iii
D) None of the above
E) All of the above

Question

Quizplus · Accepted Answer

The statement "In a strategy evaluation, corrective actions are almost always needed, except when the firm is progressing satisfactorily toward achieving stated objectives" indicates that option (iii) is a valid answer. Option (i) is also valid since it states that there has been no significant change. However, options (ii) and (iv) both involve changes in either internal or external factors, which would likely require corrective action. Therefore, the best choice is C (i and iii).

In a Strategy Evaluation, Corrective Actions Are Almost Always Needed