Modern strategy has evolved through different perspectives:
A)Because the tenures of Professors at top business schools have shortened
B)Because each year new theories emerge in the business world
C)Because the business environment has changed, and how businesses regard themselves has changed
D)But has now come back to strategic fundamentals

Question

Quizplus · Accepted Answer

Modern strategy has evolved due to changes in the business environment and how businesses regard themselves. There has been a shift towards a more customer-centric approach, a focus on sustainability and corporate social responsibility, and the rise of technology and digitalization. However, despite these changes, modern strategy has also come back to strategic fundamentals such as identifying and leveraging core competencies, assessing industry and market trends, and developing a clear vision and mission.

Modern Strategy Has Evolved Through Different Perspectives