If you discover during the course of strategy evaluation that major changes have occurred in the firm's internal strategic position, you should
A) continue on the present strategic course.
B) wait until the next quarter to see if things revert.
C) take corrective actions.
D) follow the original strategic plan.
E) none of the above

Question

Quizplus · Accepted Answer

Any major changes in the firm's internal strategic position have the potential to impact the achievement of strategic objectives. Therefore, it is crucial to take corrective actions to align the strategy with the changed circumstances. Simply continuing on the present strategic course or following the original strategic plan without taking such changes into account may lead to failure. Waiting until the next quarter to see if things revert could result in the delay of essential actions necessary to address the changes.

If You Discover During the Course of Strategy Evaluation That