_____ is the process of recalibrating or confirming a firm's strategy in light of changes in the external environment.
A) Strategic positioning
B) Value chain analysis
C) Strategic control
D) Benchmarking

Question

Quizplus · Accepted Answer

Strategic control involves monitoring and measuring the performance of a firm's strategy and making necessary adjustments to ensure alignment with changes in the external environment. Strategic positioning refers to the process of identifying the best way to compete in a particular market. Value chain analysis is a tool used to identify efficiencies and cost-saving opportunities within a firm's operations. Benchmarking involves comparing a firm's performance against that of its competitors or industry standards.

_____ Is the Process of Recalibrating or Confirming a Firm's