Changing circumstances and ongoing managerial efforts to improve the strategy:
A) account for why a company's strategy evolves over time.
B) explain why a company's strategic vision undergoes almost constant change.
C) make it very difficult for a company to have concrete strategic objectives.
D) make it very hard to know what a company's strategy really is.
E) All of these.

Question

Quizplus · Accepted Answer

A company's strategy evolves over time due to changing circumstances and ongoing managerial efforts to improve and adapt the strategy to meet new challenges and opportunities.

Changing Circumstances and Ongoing Managerial Efforts to Improve the Strategy