In the course of crafting a strategy,it is common for management to
A) decide to abandon certain strategy elements that have grown stale or become obsolete.
B) modify the current strategy when market and competitive conditions take an unexpected turn or some aspects of the company's strategy hit a stone wall.
C) modify the current strategy in response to the fresh strategic maneuvers of rival firms.
D) take proactive actions to improve this or that piece of the strategy.
E) All of these.

Question

Quizplus · Accepted Answer

All of these options are common actions taken by management in the course of crafting and executing a strategy. It is important for management to be flexible and willing to adapt the strategy as needed to ensure continued success in the face of changing circumstances. This may involve abandoning certain elements of the strategy, modifying it in response to unexpected turns or rival maneuvers, or taking proactive actions to improve it.

In the Course of Crafting a Strategy,it Is Common for Management