What is the ability to recognise major external environmental changes, to quickly commit resources and to recognise when a strategic decision is NOT working?
A)strategic flexibility
B)strategic management
C)competitive advantage
D)an opportunity
E)instinctive management

Question

Quizplus · Accepted Answer

The ability to recognise major external environmental changes and quickly commit resources is indicative of strategic flexibility. Additionally, being able to recognise when a strategic decision is not working also falls under strategic flexibility. The other options do not fully encompass these characteristics.

What Is the Ability to Recognise Major External Environmental Changes