In a dynamic economic environment, there is often the need to revise operating decisions in order to meet long-term objectives, but this will not impact on strategic decisions as these are related to policy changes and are not affected by operating decisions.

Question

Quizplus · Accepted Answer

In a dynamic economic environment, strategic decisions may also need to be revised based on changes in market conditions, competition, and other factors. Strategic decisions are not set in stone and can be adapted over time, just like operating decisions.

In a Dynamic Economic Environment, There Is Often the Need