An evolving strategy for a ride-share business like Uber or Lyft is not likely to be triggered by
A)their need to keep strategy in step with changing circumstances, market conditions, and changing customer needs and expectations.
B)the proactive efforts of their managers to fine-tune and improve one or more pieces of the strategy.
C)their need to abandon some strategy features that have been faltering or are no longer working well.
D)their need to respond to the newly initiated actions and competitive moves of manufacturers of autonomous vehicles.
E)their need to respond to short-term swings in the stock market that impact timing of an initial public offering (IPO).

Question

Quizplus · Accepted Answer

Short-term swings in the stock market that impact timing of an IPO are not likely to trigger an evolving strategy for a ride-share business like Uber or Lyft, as this is a temporary and unimportant factor in the bigger picture of the business's long-term success. The other options, such as responding to changing circumstances, market conditions, customer needs, and competitive moves of manufacturers of autonomous vehicles, all represent important reasons why Uber and Lyft would need to evolve their strategies over time.

An Evolving Strategy for a Ride-Share Business Like Uber or Lyft