Innovative strategy is not an event or a plan but a continuous process of being alert. In which environment does this mostly stand true?
A) in a stable environment
B) in a foreign environment
C) in a high-velocity environment
D) none of these

Question

Quizplus · Accepted Answer

Innovative strategy requires being continuously alert and adaptable, which is particularly relevant in a high-velocity environment where the pace of change is rapid and unpredictable. In a stable environment, there may be less urgency to constantly innovate, while in a foreign environment, there may be more focus on adapting to cultural differences and existing practices rather than forging new strategies.

Innovative Strategy Is Not an Event or a Plan but a Continuous